Cost of Living in Vigo County, Indiana

$879/mo
Median Monthly Rent
$140,400
Median Home Value

At a Glance

Median Monthly Rent
$879/mo
0% below state average
Median Home Value
$140,400
50% below national
Rent-to-Income Ratio
33.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Vigo County Compares

Median monthly rent comparison

Vigo County$879/mo
Indiana Average$883/mo
National Median$1,163/mo

Detailed Housing Stats

$879/mo
Median Gross Rent
$140,400
Median Home Value
$851/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Vigo County ranks #2,996 of 3,144 counties for affordability (bottom 5%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Vigo County, Indiana

Vigo County faces serious housing affordability challenges

Renters spend 20.1% of their income on housing—well above the sustainable 12-15% range and one of Indiana's worst ratios. The county's median household income of $52,525 trails the national median by $22,230, making every housing dollar harder to find.

Among Indiana's most cost-burdened counties

Vigo County's 20.1% rent-to-income ratio is nearly 5 points worse than Indiana's state average of 15.6%, placing it among the state's least affordable places. Low incomes combined with persistent housing costs create a difficult equation for renters.

Higher costs, lower incomes

Vigo County's rent of $879 is among the highest in the peer group despite having the lowest median income ($52,525) of any neighbor. This unfavorable combination makes the county's affordability crisis especially acute compared to surrounding areas.

Housing takes the biggest bite here

With median rent at $879 and homeowner costs at $851, housing consumes just over one-fifth of median household income of $52,525. This leaves minimal room in budgets for other essentials like healthcare, childcare, and emergency savings.

Reconsider Vigo as a relocation destination

If you're planning a move to Vigo County, carefully assess the 20.1% housing burden against lower wage prospects compared to other Indiana counties. Nearby alternatives like Union County (11.9%) or Vermillion County (15.9%) may better protect your household budget.

Cost of Living Advisory: Vigo County

Affordability Verdict

Housing in Vigo County is affordable. The median rent is $879/month against a median household income of $52,525, putting rent at 20.1% of income.

Rent vs. Own

At $879/month rent versus $851/month in owner costs, owning is roughly $28/month cheaper — a 3% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,160/year. For owner costs at the 28% rule, the required income is roughly $36,471/year. With a median household income of $52,525, most households can comfortably afford rent here. Notably, 33.0% of renter households in Vigo County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Vigo County sits 6% more expensive than Decatur County ($828/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Vigo County

$

Rent Burden

20.1%

of gross income

Max Housing (28% Rule)

$1,226

per month

Owner Cost Burden

19.4%

of gross income

You can likely afford the median home in Vigo County

Median home value is $140,400. Estimated monthly cost: $1,121 vs. your max of $1,226.

Rent Affordability Guide

Your rent-to-income ratio20.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $52,525Needed: $35,160
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $52,525Needed: $36,471
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $52,525Needed: $32,675

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Vigo County, Indiana?
Vigo County, Indiana has a median monthly rent of $879/mo and a median home value of $140,400. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in Vigo County?
The median gross rent in Vigo County is $879/mo. This is 0% below state average for Indiana.
Is Vigo County affordable?
Vigo County is rated Unaffordable based on rent-to-income ratio of 33.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Vigo County's rent compare to the state average?
Vigo County's median rent of $879/mo is 0% below state average of $883/mo for Indiana.
What is the median home value in Vigo County?
The median home value in Vigo County, Indiana is $140,400. This is 50% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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