North Vernon cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNorth VernonIndianaNational
Cost of living index8588100
IndexNorth VernonIndianaNational
Goods & Services index10295100
Groceries index9692100
Health care index9095100
Housing index5373100
Transportation index10593100
Utilities index8893100
A general overview of the cost of living index for North Vernon, IN is displayed above. In North Vernon, IN, the overall cost of living index is 85, which is 3% lower than the Indiana average and 15% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of North Vernon, IN, the city's goods and services are 8% higher than the Indiana average and 2% higher than the U.S. average.

Did you know?

  • The cost of living in North Vernon is 3% lower than the Indiana average.
  • The cost of living in North Vernon is 15% lower than the national average.
  • The cost of housing in North Vernon is 47% lower than the national average.
  • Indiana general sales tax is 37% higher than the national average.
  • Indiana state income tax is 48% higher than the national average.

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Salary Calculator

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Use the salary calculator to compare your current income in North Vernon, IN to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of North Vernon, IN, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the North Vernon, IN salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in North Vernon, IN as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among North Vernon, IN homeowners, the median income is $43,851. This indicates that a monthly maximum of $1,023 should be spent by homeowners on all housing related costs. Renters have a median income of $30,136. This indicates that renters should have a maximum of $703 used for their rent related monthly costs.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in North Vernon, IN, it's important to take into account the sales tax for Indiana, as well as the rate for income tax in Indiana. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Indiana is 7%, and the sales tax in the state of Indiana is 7%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Indiana starts from 3.3% and goes up to 3.3%.

Goods & Services

ItemNorth VernonNational avg.Difference
Haircut $12.80$14.5912.3%
Beauty Salon $35.33$34.681.9%
Toothpaste $2.31$2.476.6%
Shampoo $0.93$1.029.0%
Movie $9.25$9.876.3%
Bowling $4.25$4.393.2%


ItemNorth VernonNational avg.Difference
Ground Beef $3.97$4.4811.3%
Fried Chicken $1.28$1.4612.6%
Milk $2.01$2.3614.7%
Potatoes $3.01$3.061.7%
Pizza $10.00$9.248.2%
Beer $8.85$8.632.5%

Health Care

ItemNorth VernonNational avg.Difference
Optometrist $82.50$99.7817.3%
Doctor $88.50$105.0315.7%
Dentist $88.40$88.700.3%
Ibuprofen $8.91$9.415.3%
Lipitor $246.60$298.5017.4%


ItemNorth VernonNational avg.Difference
Home Price $79,500.00$175,700.0054.8%
Avg. Mortgage Payment $835.10$1,081.0322.7%
Apartment Rent $656.00$920.0028.7%


ItemNorth VernonNational avg.Difference
Gasoline $2.21$2.095.9%
Tire Balancing $46.40$45.292.5%


ItemNorth VernonNational avg.Difference
All Electricity$126.60$170.8025.9%
Phone $30.22$28.266.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Country Squire Lakes, IN3,09680-20%
Scipio, IN12378-22%
Jonesville, IN11180-20%
Butlerville, IN24882-18%
Holton, IN57382-18%
North Vernon, IN6,73685-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mims, FL6,73589-11%
North Patchogue, NY6,73513434%
University of California Davis, CA6,73511313%
Taneytown, MD6,73811010%
Eastwood, MI6,73481-19%
North Vernon, IN6,73685-15%
Source: The North Vernon, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.