Cost of living
Vera Cruz, Indiana
(Vera Cruz is Located in Wells County)
Cost of living in Vera Cruz, Indiana
Cost of living
compared to USA
low
Cost of living
compared to Indiana
moderate
Median household
income
moderate
Is it expensive to live in Vera Cruz, Indiana? When calculating the cost of living in Vera Cruz, Indiana we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Vera Cruz, Indiana is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Indiana, while median household income in Vera Cruz is $56,875 which is moderate Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Indiana.
Taxes in Vera Cruz, Indiana
The sales tax rate in Vera Cruz, Indiana is 7.0%. Last year, the average property taxes paid was 0.5% Vera Cruz, Indiana.
The state income tax in the state of Indiana is 3.15%.
Housing costs in Vera Cruz, Indiana
The average cost of
a single-family home
compated to USA
low
The average cost of
a single-family home
compated to Indiana
moderate
In Vera Cruz, Indiana, 66.0% of the population owns their homes, while approximately 34.0% rent. The average cost of a single-family home in Vera Cruz, Indiana in 2023 is $198,611 which is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Indiana. The average one-bedroom apartment cost is approximately $[no data] per month.
| Rental Size | Monthly Cost | Compared to Indiana |
|---|---|---|
| 1 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $[no data] | [no data]Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Utility Expenses for Occupied Housing Units per Month
Electric Bill
Gas Bill
Water and Sewer Bill
Expenses for Other House Heating Fuels
Mortgage status:
Housing units with a mortgage, contract to purchase, or similar debt 81%
Housing units without a mortgage 19%
Housing units without a mortgage 19%
Housing units with a mortgage, contract to purchase, or similar debt 81%
Housing units with multiple mortgages 0%
Housing units with no second mortgage and no home equity loan 100%
Home equity loan without a primary mortgage 0%
Mortgage, with only second mortgage 0%
Mortgage, with only home equity loan 0%
Mortgage with both second mortgage and home equity loan 0%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
Cities Near Vera Cruz, IN
Get detailed information on cities nearest to Vera Cruz, IN
Harrison township (Wells County), IN
Location data:
Low property tax
Low number of windy days (<6km/h)
Plenty of parks
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The disclosed APR is the “par” rate with NO discount points. Interest rate quoted assumes a purchase or rate-term refinance with 30 day lock pricing at 80% loan-to-value (LTV), a minimum FICO score of 760 on a primary residence. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by the Lender. This rate is available at GenNext Mortgage partner, rates of other partners may differ. Not available in all states. Not all applicants will qualify. Rates and terms are effective on and are subject to change without notice.