States › Indiana › North Vernon

Is North Vernon, IN expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,03741% lower than U.S. average
💵 Families earn per year (2026)$55,466about $4,622/month · 36% lower than U.S. average
🔑 House price$128,60061% lower than U.S. average

Rent is lower than in 86% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $41,480 a year. That is $20 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

Yes. Rent here is cheaper than in most of Indiana. It is number 38 of 132 cities from cheapest to most expensive.

North Vernon
$1,037
South Haven
$1,434
Notre Dame
$1,461
Batesville
$937
Nappanee
$1,219
Scottsburg
$1,063
Lakes of the Four Seasons
$1,867

How much do households earn in North Vernon?

Under $25k
17.2%
$25k–50k
33.0%
$50k–100k
31.6%
$100k–150k
9.3%
$150k+
2.7%

Share of households by yearly income. 11.9% of households earn $100,000 or more.

Rent by apartment size in North Vernon

SizeNorth VernonU.S. average
1 bedroom$759$1,324
2 bedrooms$999$1,509
3 bedrooms$1,444$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is North Vernon overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for North Vernon, so the Indiana figure is shown.

Taxes and bills in North Vernon

🏛️ Property tax$778a year · 0.60% of home value · U.S. $3,119
⚡ Electric bill$156a month (typical) · U.S. $156

Life in North Vernon

Commute to work22.8 minU.S.: 26.4 min
College degree13.9%U.S.: 35.7%
Own their home58.9%U.S.: 65.2%
Below poverty line16.7%U.S.: 12.5%
Unemployment7.1%U.S.: 5.2%

Is it cheaper to rent or buy in North Vernon?

Buying is cheaper month to month: about $145 a month less than renting.

Renting
$1,037
Owning
$892

Owning assumes a typical $128,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,860 for the down payment.

Frequently asked questions

What is the average rent in North Vernon, IN?

Renting in North Vernon costs a median of about $1,037 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in North Vernon?

To keep rent under 30% of income, you need about $41,480 a year, or $20 an hour at a full-time job.

Is North Vernon cheap or expensive?

North Vernon is rated OK: rent takes 22.4% of the typical household income of $55,466. It ranks 38th cheapest of 132 Indiana cities we track.

How much are property taxes in North Vernon?

The median homeowner in North Vernon pays $778 a year in property taxes, about 0.60% of the median home value.

Is North Vernon more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in North Vernon?

The median home value in North Vernon is $128,600, about 2.3 times the typical yearly household income.

7,078 people live in North Vernon. Numbers are typical (middle) values.