Vernon, TX, has a lower cost of living compared to the nationwide average. The overall cost of living index in Vernon stands at 84, which is 16% below the national average of 100. This makes Vernon an attractive option for those seeking more affordable living conditions.
Specifically, Vernon's housing costs are 30% lower than the national average, while groceries and transportation costs are only slightly below the national average. Utilities, healthcare, and miscellaneous expenses also remain competitive, further enhancing the appeal of living in Vernon.
Vernon, TX, presents a cost of living that is notably lower than the nationwide average, which is set at 100. Housing, for instance, is 30% cheaper in Vernon compared to the national average. This means that residents can find housing options that are significantly more affordable, making it easier to manage living expenses. Groceries in Vernon also cost less, with an index of 95, which is 5% below the national average. This reduction can lead to savings on everyday food items.
Utilities in Vernon are 15% below the national average, with an index of 85. This includes costs for electricity, gas, water, and other essential services. Transportation costs are also slightly lower, at 90, which is 10% less than the national average. Healthcare costs in Vernon are comparable to the national average, with an index of 85, meaning they are 15% lower. Miscellaneous expenses, such as entertainment and personal care, are 20% lower, with an index of 80. Overall, Vernon, TX, offers a more affordable lifestyle in several key areas, making it an attractive option for those looking to reduce their living expenses.