North Vernon, IN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In North Vernon, IN Summary

Cost of living in North Vernon research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means North Vernon is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in North Vernon is 88, with 100 being the average.

  • The cost of living index in North Vernon is 0.9x lower than the national average.

  • North Vernon ranks as the #62 cheapest in Indiana out of 124.

  • North Vernon ranks as the #1,278 cheapest out of 6,412 in the US.

  • The median home value in North Vernon is $91,100.

  • The median income in North Vernon is $51,303.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
88
North Vernon's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in North Vernon, IN?

According to the most recent data on the cost of living, North Vernon has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to Indiana, North Vernon has a cost of living index that's 1.0x lower than Indiana's index of 91.

The standard of living in North Vernon ranks as #62 most affordable out of the 124 places we measured in Indiana. By definition, that implies North Vernon ranks as the #62 most expensive place in the Hoosier State.

For more reading on life in North Vernon, check out:

62 out of 124
In Indiana
1,278 out of 6,412
In America

North Vernon Cost Of Living Vs. Indiana

Six factors go into calculating the cost of living index in North Vernon. Here is how it fairs on each of the criteria:

  • The Services index in North Vernon is 106.

  • The Groceries index in North Vernon is 97.

  • The Health index in North Vernon is 99.

  • The Housing index in North Vernon is 51.

  • The Transportation index in North Vernon is 101.

  • The Utilities index in North Vernon is 92.

Living Expense North Vernon Indiana National Average
Overall 88 91 100
Services 106 94 100
Groceries 97 96 100
Health 99 101 100
Housing 51 77 100
Transportation 101 95 100
Utilities 92 106 100
For more reading on cost of living around Indiana, check out:
North Vernon Cost of Living Vs. IN

North Vernon, IN Housing Cost Breakdown

Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in North Vernon is $91,100.

  • The Median Rent in North Vernon is $767.

  • The Median Income in North Vernon is $51,303.

  • The Home Value To Income in North Vernon is 1.8x.

  • The Rent To Monthly Income in North Vernon is 0.18x.

Statistic North Vernon Indiana United States
Median Home Value $91,100 $158,500 $244,900
Median Rent $767 $891 $1,163
Median Income $51,303 $61,944 $69,021
Home Value To Income 1.8x 2.6x 3.5x
Rent To Monthly Income 0.18x 0.17x 0.2x
Search Homes For Sale In North Vernon, IN
$91,100
Median Home Value
$767
Median Rent
$51,303
Median Income

North Vernon, IN Costs By Category

Detailed North Vernon Services Costs Vs. Indiana

Item North Vernon Indiana
Shampoo $0.97 $1.06
Movie $10.84 $10.68
Bowling $16.8 $14.67
Haircut $21.78 $18.62
Beauty Salon $40.22 $39.05

Detailed North Vernon Groceries Costs Vs. Indiana

Item North Vernon Indiana
Ground Beef $4.5 $4.22
Fried Chicken $1.57 $1.39
Milk $1.39 $2.05
Potatoes $3.17 $3.29
Pizza $11.32 $10.62
Beer $9.05 $9.38
Toothpaste $1.87 $2.34

Detailed North Vernon Health Costs Vs. Indiana

Item North Vernon Indiana
Optometrist $132.05 $108.57
Doctor $100.0 $116.17
Dentist $98.07 $99.13

Detailed North Vernon Transportation Costs Vs. Indiana

Item North Vernon Indiana
Gasoline $2.29 $2.22
Tire Balancing $45.48 $50.07

Detailed North Vernon Utilities Costs Vs. Indiana

Item North Vernon Indiana
All Electricity $147.72 $167.67
Phone $184.27 $175.64

North Vernon SnackAbility

5
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
8.5
Diversity
6
Safety
N/A
Amenities
8
Education
5
Commute
8

Cost Of Living In Cities Around North Vernon

The cost of living varies in the cities and towns around North Vernon. Here's a quick look at the cost of living in the most populous nearby places:

  • Elizabethtown, KY has a cost of living index of 98, 1.1x North Vernon.

  • Burlington, KY has a cost of living index of 96, 1.1x North Vernon.

  • Harrison, OH has a cost of living index of 91, 1.0x North Vernon.

City Population Cost Of Living Vs. North Vernon
Elizabethtown, KY 31,066 98 1.1x
Burlington, KY 18,394 96 1.1x
Harrison, OH 12,801 91 1.0x
Francisville, KY 10,088 110 1.2x
La Grange, KY 9,901 96 1.1x
Hebron, KY 6,478 94 1.1x
Crestwood, KY 6,046 108 1.2x
Hidden Valley, IN 5,723 101 1.1x
New Whiteland, IN 5,565 91 1.0x
Buckner, KY 5,435 120 1.4x

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