Rent is lower than in 73% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs about 3.4 years of household income. Most homes (95.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $49,760 a year. That is $24 an hour at a full-time job.
Is rent cheaper than other Wisconsin cities?
Yes. Rent here is cheaper than in most of Wisconsin. It is number 65 of 156 cities from cheapest to most expensive.
How much do households earn in Vernon?
Share of households by yearly income. 48.6% of households earn $100,000 or more.
How expensive is Vernon overall?
Everyday prices in Wisconsin overall are 6% below the U.S. average (index 94.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Vernon, so the Wisconsin figure is shown.
Taxes and bills in Vernon
Life in Vernon
Is it cheaper to rent or buy in Vernon?
Renting is cheaper right now: about $1,772 a month less.
Owning assumes a typical $434,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,470 for the down payment.
Frequently asked questions
What is the average rent in Vernon, WI?
Renting in Vernon costs a median of about $1,244 a month in 2026, including utilities. The Wisconsin median is $1,305.
How much do I need to make to live in Vernon?
To keep rent under 30% of income, you need about $49,760 a year, or $24 an hour at a full-time job.
Is Vernon cheap or expensive?
Vernon is rated Cheap: rent takes 11.5% of the typical household income of $129,420. It ranks 65th cheapest of 156 Wisconsin cities we track.
How much are property taxes in Vernon?
The median homeowner in Vernon pays $3,899 a year in property taxes, about 0.90% of the median home value.
Is Vernon more expensive than the national average?
Overall prices in Wisconsin are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Vernon?
The median home value in Vernon is $434,700, about 3.4 times the typical yearly household income.
7,481 people live in Vernon. Numbers are typical (middle) values.