Mount Vernon, IN, offers a cost of living that is generally lower than the nationwide average. The overall cost of living index for Mount Vernon is 89, which is 11% below the national average of 100. This makes it an attractive option for those looking to reduce their living expenses while maintaining a reasonable quality of life.
Specifically, housing costs in Mount Vernon are 15% below the national average, groceries are 10% lower, and utilities are 5% less expensive. Transportation and healthcare costs are also slightly below the national average, at 8% and 12% lower, respectively. This balanced reduction across various categories makes Mount Vernon a cost-effective choice for many job seekers.
The cost of living in Mount Vernon, Indiana, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Mount Vernon stand at 85, which is 15% lower than the average. This makes it an attractive option for those looking to find affordable housing without sacrificing quality of life.
Additionally, the grocery index in Mount Vernon is 90, which is 10% lower than the national average. This suggests that residents can enjoy a good quality of life while spending less on food. Utilities in Mount Vernon are priced at 95, just 5% above the average, indicating that essential services are nearly on par with the national standard. Transportation costs are slightly lower, at 92, which is 8% below the average, making it easier for residents to manage their daily commutes. Healthcare costs are at 88, which is 12% below the average, offering potential savings for those seeking medical services. Lastly, miscellaneous costs are at 87, which is 13% lower than the average, providing further savings across various other expenses. Overall, Mount Vernon offers a cost of living that is competitive and often more affordable than the national average.
