Housing costs in Vermillion?
A typical home costs
$109,700, which is 67.6% less expensive than the national average of
$338,100 and 50.5% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Vermillion 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 Vermillion?
To live comfortably in Vermillion Indi County, Indiana, a minimum annual income of
$20,880 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Vermillion?
Living in Vermillion, IN County is more affordable than the average US cost of living. The median house value in the area is only $109,700, which is much lower than the national average of $338,100. Additionally, the overall cost of living index for this county sits at 73.9 compared to 100 for the US on average, suggesting that living costs in Vermillion are significantly below national averages. This makes it an ideal place for those looking to move or invest in property without breaking their budget.