Cost of Living in Vernon, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.1
100 = national avg
-13.9 vs national average
Living Wage (1 Adult)
$37,873
per year
Living Wage (Family of 4)
$89,518
per year
Cost Index by Category
Housing59.1
Food101.4
Transportation102.7
Healthcare101.1
Utilities92.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$732
per month
2 Bedroom
$961
per month
The overall cost of living index in Vernon is 86.1, which is 13.9% below the national average. Housing costs are below the national average at an index of 59.1. A single adult needs to earn approximately $37,873 per year to cover basic expenses.