Vernon, TX, presents a cost of living index that is 89% of the nationwide average. This means that living expenses in Vernon are slightly lower than the national average. Housing costs, at 80% of the national average, contribute most significantly to this lower overall cost. Although some categories, such as utilities at 95%, slightly exceed the national average, the overall cost remains favorable for potential residents.
Vernon, TX, offers a cost of living that is slightly below the nationwide average, which is indexed at 100. The housing index in Vernon is 80, which means it costs 20% less than the average for housing. People moving to Vernon can expect to pay less for renting or buying homes, making it an attractive option for those seeking affordability.
When it comes to other expenses, Vernon's cost of living remains competitive. For groceries, the index is 90, which is 10% less than the national average. This means that shopping for food in Vernon can be more budget-friendly. Utilities in Vernon are indexed at 95, only 5% less than average, ensuring that energy costs are quite reasonable. Transportation costs also mirror the national average closely, with an index of 85, which is 15% lower. Overall, Vernon presents a favorable cost of living across various essential categories for those looking to settle in a new place.
