College Costs in Lebanon, IN 2026
Compare tuition, housing, and financial aid across 2 colleges in Lebanon, Indiana. Use our free calculator to estimate your total cost.
Avg Public Tuition
$10,200
per year
Avg Private Tuition
$34,000
per year
Avg Rent Near Campus
$543
per month
Colleges & Universities
2
institutions
Lebanon Overview
Population
16,806
Student Population
1,468 (8.7%)
Cost of Living Index
87.1 (avg: 100)
Walk Score
37/100
Transit Score
15/100
Unemployment Rate
3.3%
College Cost Calculator for Lebanon
Cost Inputs
Total Cost (4 Years, Public In-State)
$90,948
Total After Financial Aid
$90,948
Annual Cost
$22,737
Annual After Aid
$22,737
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $90,948 |
| Monthly Payment | $1,033 |
| Total Interest | $32,976 |
| Total Loan Cost | $123,924 |
Universities in Lebanon
| University | Type | Annual Tuition |
|---|---|---|
| Lebanon State University | Public | $11,050 |
| Lebanon Community College | Community | $4,969 |
Lebanon has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Lebanon vs. National Average
| Category | Lebanon | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $10,200 | $10,940 | -$740 |
| Monthly Rent Near Campus | $543 | $1,050 | -$507 |
| Cost of Living Index | 87.1 | 100 | -12.900000000000006 |
Lebanon's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Lebanon
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
1,468 students
Lebanon has a total population of 16,806, with approximately 1,468 college students (8.7% of the population). Lebanon has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Lebanon
$30,005
Starting Salary
3.3%
Unemployment Rate
46%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Lebanon earn a median starting salary of $30,005, which is -$4,995 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $90,948 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $12,403 per student per year, the net cost and payback period can be significantly reduced.
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