Cost of Living in Mount Vernon, IN
Population 6,431 · Indiana · Data vintage 2023
(100 = US avg)
Mount Vernon sits on the smaller end of the Indiana city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Geographically, Mount Vernon sits roughly 20 miles west of Evansville. Median home values run roughly 27% higher than Evansville's $129,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Mount Vernon
The median home value in Mount Vernon is $164,200 — 46% below the national median of $305,000. Median rent runs $726/month, 45% lower than the national median of $1,314/month. The median household income of $61,527/year is 18% lower than the US median of $74,580. The local unemployment rate is 6.0%, above the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Mount Vernon has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.
Mount Vernon has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Mount Vernon, IN?
Mount Vernon has a cost index of 54 (100 = national average). It is 46% below the national average.
What is average rent in Mount Vernon, IN?
The median gross rent in Mount Vernon is $726 per month based on 2023 Census data.
What is the average home price in Mount Vernon?
The median home value in Mount Vernon is $164,200 according to Zillow and Census data.
What is the median income in Mount Vernon?
The median household income in Mount Vernon is $61,527 per year (2023 ACS 5-year estimates).
What is the sales tax in Mount Vernon, IN?
The combined state and local sales tax rate in Mount Vernon is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Mount Vernon, IN affordable?
Yes, Mount Vernon is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.
Mount Vernon at a Glance
- Population
- 6,431
- Median Income
- $61,527
- Home Value
- $164,200
- Median Rent
- $726/mo
- Unemployment
- 6.0%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Indiana Rankings
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