Cost of living in North Vernon research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means North Vernon is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in North Vernon is 89, with 100 being the average.
The cost of living index in North Vernon is 0.9x lower than the national average.
North Vernon ranks as the #56 cheapest in Indiana out of 128.
North Vernon ranks as the #1,060 cheapest out of 6,489 in the US.
The median home value in North Vernon is $207,006.
The median income in North Vernon is $48,235.
According to the most recent data on the cost of living, North Vernon has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Indiana, North Vernon has a cost of living index that's 1.0x lower than Indiana's index of 92.
The standard of living in North Vernon ranks as #56 most affordable out of the 128 places we measured in Indiana. By definition, that implies North Vernon ranks as the #72 most expensive place in the Hoosier State.
For more reading on life in North Vernon, check out:
Six factors go into calculating the cost of living index in North Vernon. Here is how it fairs on each of the criteria:
The Services index in North Vernon is 98.
The Groceries index in North Vernon is 101.
The Health index in North Vernon is 96.
The Housing index in North Vernon is 61.
The Transportation index in North Vernon is 94.
The Utilities index in North Vernon is 105.
| Living Expense | North Vernon | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 89 | 92 | 100 | |
| Services | 98 | 95 | 100 | |
| Groceries | 101 | 97 | 100 | |
| Health | 96 | 94 | 100 | |
| Housing | 61 | 73 | 100 | |
| Transportation | 94 | 94 | 100 | |
| Utilities | 105 | 107 | 100 | |
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in North Vernon is $207,006.
The Median Rent in North Vernon is $904.
The Median Income in North Vernon is $48,235.
The Home Value To Income in North Vernon is 4.3x.
The Rent To Monthly Income in North Vernon is 0.22x.
| Statistic | North Vernon | Indiana | United States |
|---|---|---|---|
| Median Home Value | $207,006 | $251,301 | $303,400 |
| Median Rent | $904 | $1,020 | $1,348 |
| Median Income | $48,235 | $70,051 | $78,538 |
| Home Value To Income | 4.3x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.17x | 0.21x |
| Item | North Vernon | Indiana |
|---|---|---|
| Shampoo | $1.36 | $1.28 |
| Movie | $11.48 | $12.13 |
| Bowling | $16.61 | $18 |
| Haircut | $26.42 | $24.26 |
| Beauty Salon | $47.57 | $45.56 |
| Item | North Vernon | Indiana |
|---|---|---|
| Ground Beef | $5.88 | $5.84 |
| Fried Chicken | $1.74 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $12.45 | $12.09 |
| Beer | $10.53 | $10.41 |
| Toothpaste | $3.55 | $3.7 |
| Item | North Vernon | Indiana |
|---|---|---|
| Optometrist | $173.41 | $125.68 |
| Doctor | $108.22 | $135.78 |
| Dentist | $104.94 | $113.29 |
| Item | North Vernon | Indiana |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $47.16 | $59.92 |
| Item | North Vernon | Indiana |
|---|---|---|
| All Electricity | $206.98 | $193.99 |
| Phone | $190.02 | $192.25 |
The cost of living varies in the cities and towns around North Vernon. Here's a quick look at the cost of living in the most populous nearby places:
Elizabethtown, KY has a cost of living index of 95, 1.1x North Vernon.
Burlington, KY has a cost of living index of 102, 1.1x North Vernon.
Harrison, OH has a cost of living index of 99, 1.1x North Vernon.
| City | Population | Cost Of Living | Vs. North Vernon |
|---|---|---|---|
| Elizabethtown, KY | 31,870 | 95 | 1.1x |
| Burlington, KY | 18,090 | 102 | 1.1x |
| Harrison, OH | 13,460 | 99 | 1.1x |
| Francisville, KY | 10,313 | 121 | 1.4x |
| La Grange, KY | 10,188 | 99 | 1.1x |
| Hebron, KY | 6,637 | 101 | 1.1x |
| Crestwood, KY | 6,275 | 110 | 1.2x |
| New Whiteland, IN | 5,641 | 87 | 1.0x |
| Hidden Valley, IN | 5,625 | 104 | 1.2x |