Cost of Living in Vernon, IN

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18%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
53%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Vernon Indiana National
Cost of living8289100
Groceries10097100
Health care9697100
Housing4772100
Transportation9696100
Utilities9796100
Lifestyle & Entertainment9395100
Household Items9898100
Education & Childcare9694100
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Homes For Sale In Vernon, IN

property for sale

205 N State Highway 3

Vernon, IN
property for sale

225 E Jackson St

Vernon, IN
property for sale

85 E 91 State Highway 3

Vernon, IN

Cost Of Living Quick Facts

  • The cost of living in Vernon is 8% lower than the Indiana average
  • The cost of living in Vernon is 18% lower than the national average
  • Vernon housing is 53% lower than the national average
  • Indiana general sales tax is 37% higher than the national average
  • Indiana state income tax is 21% higher than the national average

Most Affordable Places to Live in and Around Vernon

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Compare Vernon, IN Cost of Living

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      Cost of living index
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      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$48,339$4,028$1,128$1,450
      Renters$0$0$0$0

      Indiana Sales Tax

      State General Sales Tax With Max Surtax
      Indiana 7% 7%

      Indiana Income Tax

      State Income Tax (Low) Income Tax (High)
      Indiana 3.15% 3.15%

      Nearby cities with low cost of living

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      Deputy, IN35973.2%
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      Country Squire Lakes, IN3,3358317.1%
      Hayden, IN5558415.9%
      Vernon, IN2018218.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Emerson, AR2018020.1%
      Gold Hill, CO2011065.6%
      Gilson, IL2018019.7%
      Otterville, IL2017723.4%
      Morganville, KS2017921.2%
      Vernon, IN2018218.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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