North Vernon, Indiana, has a cost of living index that is generally lower than the nationwide average of 100. Housing costs are particularly favorable, standing at 80. This makes housing about 20% cheaper than the national average. Additionally, groceries and healthcare are slightly below average, with indices of 95 and 88, respectively. These modest costs make North Vernon an attractive location for budget-conscious individuals.
North Vernon, IN, offers a cost of living that is generally lower than the nationwide average. The housing index in North Vernon stands at 80, meaning it costs 20% less than the national average. This lower housing cost provides an opportunity for residents to allocate more of their budget to other needs and leisure activities.
Other expenses in North Vernon also reflect affordability. Groceries cost 95% of the national average, which is slightly lower than average. Utilities follow at 90%, which is 10% below the national standard. Transportation costs are 85% of the national average, offering residents savings of 15%. Healthcare costs are at 88%, slightly below the national average, providing some relief for medical expenses. Miscellaneous costs are at 93%, close to the national average. Overall, North Vernon offers a cost of living that is beneficial for those seeking to reduce their expenses while maintaining a reasonable quality of life.
