Housing costs in North Vernon?
A typical home costs
$166,700, which is 50.7% less expensive than the national average of
$338,100 and 24.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in North Vernon costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 14.0% cheaper than the state average of
$980.
Can I afford North Vernon?
To live comfortably in North Vernon, Indiana, a minimum annual income of
$32,040 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about North Vernon?
The cost of living in North Vernon, IN is relatively low compared to other communities in Indiana and across the country. The median household income is slightly lower than the national average, but housing costs are significantly lower. According to BestPlaces, the cost of living index for North Vernon is 79 out of 100, with 100 being equal to the national average. Home values are among the most affordable in Indiana with a median home value of approximately $68,000. Overall prices for goods and services are well below their national averages making living in North Vernon an attractive option for those seeking an affordable lifestyle.