| Index | Vincennes | Indiana | National |
| Cost of living | 83 | 89 | 100 |
| Groceries | 97 | 97 | 100 |
| Health care | 94 | 97 | 100 |
| Housing | 51 | 72 | 100 |
| Transportation | 97 | 96 | 100 |
| Utilities | 94 | 96 | 100 |
| Lifestyle & Entertainment | 99 | 95 | 100 |
| Household Items | 99 | 98 | 100 |
| Education & Childcare | 99 | 94 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Vincennes? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Vincennes stands at 83, making it 17% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
Housing expenses often consume a significant portion of your net income, occasionally surpassing 30%. Fortunately, housing costs in Vincennes are 48.6% below the national average. This highlights the region's exceptional affordability for both homeownership and rentals in comparison to the rest of the country. This favorable housing situation allows residents to allocate a more reasonable fraction of their income to housing, resulting in enhanced financial flexibility and improved overall financial well-being.
Is Vincennes affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Vincennes, for instance, where the median home price falls 57.4% lower than the national average, and monthly rent rates are 28.1% lower than usual. Additionally, median income levels contribute to the equation, with Vincennes flaunting a median household income of $59,162, 27.3% lower than the national norm.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Vincennes, the transportation index is 3.3% lower than the national average.
Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Vincennes, the housing index stands at 48.6% lower than the national average.
Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Vincennes, healthcare costs are 5.6% lower than the national average.
The cost of living estimates displayed for Vincennes are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $79,594 | $6,633 | $1,857 | $2,388 |
| Renters | $40,327 | $3,361 | $941 | $1,210 |
| State | General Sales Tax | With Max Surtax |
| Indiana | 7% | 7% |
| State | Income Tax (Low) | Income Tax (High) |
| Indiana | 3.15% | 3.15% |
| City | Population | Cost of Living Index | National Avg. |
| Emison, IN | 81 | 97 | 3.1% |
| Ragsdale, IN | 254 | 97 | 3.1% |
| Russellville, IL | 76 | 74 | 25.8% |
| Decker, IN | 264 | 78 | 22.1% |
| Freelandville, IN | 781 | 78 | 21.7% |
| Vincennes, IN | 17,514 | 83 | 16.7% |
| City | Population | Cost of Living Index | National Avg. |
| Calverton, MD | 17,511 | 135 | 35.1% |
| Huntington, IN | 17,520 | 84 | 16.3% |
| La Vista, NE | 17,506 | 98 | 1.8% |
| Camano, WA | 17,523 | 139 | 38.6% |
| Clemson, SC | 17,526 | 110 | 10.4% |
| Vincennes, IN | 17,514 | 83 | 16.7% |
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