Dana, IN vs Vernon, IN

Dana, IN and Vernon, IN have a very similar cost of living, with only a 3.2% difference in their overall index. Dana scores 58 while Vernon scores 60 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Dana is $759/month compared to $688/month in Vernon — a 10% difference. Interestingly, home values tell a different story: while Vernon has cheaper rent, Dana actually has lower median home values ($53,900 vs $82,500).

Median household income in Dana is $53,005 compared to $67,188 in Vernon (-21.1%). While Vernon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dana spend roughly 17.2% of their income on rent, more than the 12.3% in Vernon.