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Cost of Living in Vernon Parish

Is it better to rent or buy in Vernon Parish? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$60,005
$995/mo

Median in area: $995

$162,499

Median in area: $162,499

$32,500

If you Rent

🔑
$1,190 /mo
Base Rent$995
Est. Utilities$195
% of Income23.8%
Pre-tax Residual$3,810

If you Buy

🏠
$1,212 /mo
P&I (7.15%)$878
Taxes & Ins$139
Est. Utilities$195
% of Income24.2%
Pre-tax Residual$3,788

Compare Nearby Areas

See how Vernon Parish stacks up against neighboring areas.

countyNatchitoches Parish, LA
$799/mo
countySabine Parish, LA
$774/mo
countyRapides Parish, LA
$988/mo
countyBeauregard Parish, LA
$897/mo
countyNewton County, TX
$1,052/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Vernon Parish?›

Based on median housing data, renting is currently more affordable on a monthly basis in Vernon Parish. The estimated all-in monthly cost for renting is $1,190, while owning a median-priced home with a 20% down payment is roughly $1,212 per month (a difference of $22).

How much do utilities cost in Vernon Parish?›

The average monthly utility cost (electricity and natural gas) for a typical home in Vernon Parish is approximately $195. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Vernon Parish?›

To comfortably afford the median rent and utilities in Vernon Parish without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $47,600 per year.