Cost of Living: Lebanon, MO vs Mendenhall, MS

Housing

The housing market plays a significant role in determining the cost of living.

Metric Lebanon Mendenhall
Housing Index 90.0 85.0
Median Home Price $220,000 $190,000
Average Rent (2 BR Apartment) $1200 $800
Average Rent (2 BR House) $1280 $832

Housing Comparison: Lebanon vs Mendenhall

  • In Lebanon, the median home price is higher at $220,000, while in Mendenhall it is $190,000.
  • In Mendenhall, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Lebanon.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Lebanon Mendenhall
Electricity Price $14.64 $13.42
Natural Gas Price $23.25 $22.19
Other Utilities $250 $210

Utilities Comparison: Lebanon vs Mendenhall

  • Electricity costs are higher in Lebanon at $14.64 per kWh, compared to $13.42 in Mendenhall.
  • Natural gas is more expensive in Lebanon at $23.25 per unit, while it is cheaper at $22.19 in Mendenhall.
  • Other utility costs are higher in Lebanon at an average of $250, compared to Mendenhall with $210.