Housing costs in North Vernon?
A typical home costs
$173,000, which is 48.8% less expensive than the national average of
$338,100 and 21.9% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in North Vernon costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford North Vernon?
To live comfortably in North Vernon Indi Metro Area, Indiana, a minimum annual income of
$33,120 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about North Vernon?
The cost of living in North Vernon, IN Metro Area is 77.1, compared to the national average of 100. This means that the area is relatively more affordable than other areas across the United States. The house median value in North Vernon is $173,000 which is much lower than the national average of $338,100. This low median value reflects the overall affordability of this region making it an attractive option for those looking for a more budget-friendly place to live.