Cost of living in Lebanon
Lebanon, NH, is a charming city located in the United States, known for its scenic beauty and vibrant community. Understanding the cost of living in Lebanon is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and utilities, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $25 on average, with a range between $16 and $40.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $110, with prices ranging from $60 to $160.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $10 and $14.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $5 to $9, imported beer $7 to $10, cappuccino $3 to $8, and Coke/Pepsi $2.5 to $3.
Grocery Prices
- Milk - Milk is priced between $0.75 and $1.19 per liter, averaging $0.79.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $4.41, with an average price of $3.89.
- Eggs (Dozen) - A dozen eggs range from $3 to $5.99, averaging $4.5.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.28 to $12.13 per kg, while oranges range from $4.76 to $13.23 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $2.07 and $8.82 per kg, and lettuce costs $2 to $2.69 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.84 and $0.97 per liter.
- Car Purchase (e.g., Volkswagen Golf, Toyota Corolla) - A new Volkswagen Golf costs between $30,000 and $35,531.35, while a Toyota Corolla ranges from $26,002.59 to $40,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1200 to $1700, averaging $1450.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent is consistent at $1400.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $3000.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent for a 3-bedroom apartment also averages $3000.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $150 and $318.75, averaging $225.
- Internet - Internet services range from $50 to $100, with an average cost of $60.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Lebanon, NH, offers a moderate cost of living with relatively affordable housing options compared to larger cities.
Dining out can be expensive, especially at mid-range restaurants, but there are more affordable options available.
Grocery prices vary, with some items like fruits and vegetables being on the higher end.
Transportation costs are low for gasoline, but purchasing a new car can be a significant expense.
Utilities and internet services are reasonably priced, contributing to a balanced monthly budget.
Conclusion
In conclusion, Lebanon, NH, presents a balanced cost of living with affordable housing and reasonable utility costs.
While dining and some grocery items can be pricey, careful budgeting can help manage these expenses effectively.
Overall, Lebanon offers a comfortable living environment with a mix of urban and rural amenities, making it an attractive option for potential residents.