The cost of living index in Vernon, TX, offers a more affordable living experience compared to the nationwide average of 100. Vernon's overall cost of living index stands at 89, reflecting a 11% reduction from the national average. This lower index spans various categories, including housing at 87, groceries at 95, utilities at 92, transportation at 88, healthcare at 90, and miscellaneous expenses at 85, making Vernon an attractive option for those seeking to minimize living expenses.
Vernon, TX, offers a lower cost of living compared to the nationwide average, which is set at 100. Housing costs in Vernon are about 13% lower, with an index of 87. This means that, on average, housing expenses in Vernon are about 13% less than what one might expect to pay across the country.
In addition to housing, Vernon residents also enjoy more affordable groceries, with an index of 95. This indicates that grocery prices are 5% lower than the national average. Utilities in Vernon follow closely behind, with an index of 92, reflecting an 8% reduction in costs. Transportation costs, represented by an index of 88, are 12% lower. Healthcare costs in Vernon are slightly lower than the national average at 90, which is a 10% reduction. Miscellaneous costs, with an index of 85, show a 15% decrease from the nationwide average. Overall, Vernon provides a cost-effective living environment across multiple categories.