Cost of Living in Vincennes, IN

Population 16,676 · Indiana · Data vintage 2023

44
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Vincennes is a smaller Indiana community of around 17000 residents, where median household incomes of $50,238 and housing costs ($99,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Vincennes is about 50 miles north of Evansville, the nearest large metro. Median home values run roughly 24% lower than Evansville's $129,000.

Cost Overview

Housing 32
Rent 60

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Vincennes

The median home value in Vincennes is $98,700 — 68% below the national median of $305,000. Median rent runs $792/month, 40% lower than the national median of $1,314/month. The median household income of $50,238/year is 33% lower than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. The climate averages highs of 66.0°F and lows of 45.6°F. Overall, Vincennes has a cost of living index of 44 versus the US average of 100, meaning it is 56% less expensive.

🏠 Housing

Median Home Value
$98,700
68% below avg
Zillow Home Value
$160,792
Zillow ZHVI
Median Rent
$792/mo
40% below avg
Price-to-Rent Ratio
10.4x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$783
2 BR
$985
3 BR
$1,286
4 BR
$1,456
Owner-occupied 48.2%
Renter-occupied 51.8%

💰 Estimated Monthly Budget

Rent median rent
$792
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,406/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
16.8 min
38% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.2%

Commute Mode

Drove alone
81.7%
Carpooled
8.2%
Public transit
0.6%
Walked
5.7%
Bicycle
0.7%
Work from home
2.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.0%
Total Sales Tax 7.0%
State rate 7.0%
Avg local rate 0.0%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$50,238
33% below avg
Per Capita Income
$30,102
Unemployment Rate
4.0%
17% below avg
Poverty Rate
19.3%
Labor Force Participation
61.5%

🎓 Education

Bachelor's degree+ 10.8%
Graduate degree 5.3%

👥 Demographics

Median Age 38
Male median age 35.7
Female median age 40.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
66.0°F
Avg Low
45.6°F
Annual Precip
41.7"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394455677785888782695543
Low °F 232735455664676557463527
Precip" 3.162.163.164.244.854.384.222.942.943.513.442.66

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
86%
Good air days/yr
126
Max AQI recorded
0
PM2.5 days
364
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
16.1:1
Student-teacher ratio
8
Public schools
3,974
Total enrollment

Frequently Asked Questions

What is the cost of living in Vincennes, IN?

Vincennes has a cost index of 44 (100 = national average). It is 56% below the national average.

What is average rent in Vincennes, IN?

The median gross rent in Vincennes is $792 per month based on 2023 Census data.

What is the average home price in Vincennes?

The median home value in Vincennes is $98,700 according to Zillow and Census data.

What is the median income in Vincennes?

The median household income in Vincennes is $50,238 per year (2023 ACS 5-year estimates).

What is the sales tax in Vincennes, IN?

The combined state and local sales tax rate in Vincennes is 7.0%. The Indiana state income tax top rate is 3.0%.

Is Vincennes, IN affordable?

Yes, Vincennes is generally considered affordable, with a cost of living index of 44 — about 56% below the US national average of 100.

What is the weather like in Vincennes?

Vincennes has average high temperatures of 66.0°F and average lows of 45.6°F. Annual precipitation is 41.7". Data from NOAA 1991–2020 Climate Normals.

Vincennes at a Glance

Population
16,676
Median Income
$50,238
Home Value
$98,700
Median Rent
$792/mo
Unemployment
4.0%
Avg High Temp
66.0°F
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs