Housing costs in Vincennes?
A typical home costs
$137,200, which is 59.4% less expensive than the national average of
$338,100 and 38.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Vincennes costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$980.
Can I afford Vincennes?
To live comfortably in Vincennes, Indiana, a minimum annual income of
$26,280 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Vincennes?
The cost of living in Vincennes, IN is quite affordable. The median home price is just under $96,000 and rental costs are well below the national average. Goods and services are also more reasonably priced than many other similar-sized cities across the country. Residents benefit from low sales tax rates, making everyday purchases much more affordable. Additionally, utilities such as gas and water are significantly lower than most other parts of the US. All in all, Vincennes provides a great quality of life for residents while still keeping costs low.