CostByCity

Cost of Living in Evansville, IN

2024 data from the Bureau of Economic Analysis

Cost Index
91.5
8.5% below avg
Housing Index
66.7
Median Income
$64,084
Median Rent
$908/mo

Cost Breakdown

Overall91.5 (-8.5%)
Housing66.7 (-33.3%)
Goods94.3 (-5.7%)
Utilities86.7 (-13.3%)
Other Services99.1 (-0.9%)

National average = 100

Income & Housing

Median Household Income
$64,084/year
Median Home Value
$173,500
Median Monthly Rent
$908/mo
Per Capita Income
$36,191/year

Compare Evansville, IN With

Frequently Asked Questions

Is Evansville, IN expensive to live in?
Evansville, IN has a cost of living index of 91.5, which is 8.5% below the national average.
How much does housing cost in Evansville, IN?
Housing costs in Evansville, IN are indexed at 66.7 compared to the national average of 100. The median monthly rent is $908.
What is the average income in Evansville, IN?
The median household income in Evansville, IN is $64,084 per year.
What is the average home price in Evansville, IN?
The median home value in Evansville, IN is $173,500.