Cost of Living in Evansville, IN
Population 116,441 · Indiana · Data vintage 2023
(100 = US avg)
The Evansville cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $129,000, rents near $949 a month.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Evansville
The median home value in Evansville is $129,100 — 58% below the national median of $305,000. Median rent runs $949/month, 28% lower than the national median of $1,314/month. The median household income of $52,251/year is 30% lower than the US median of $74,580. The local unemployment rate is 5.3%, above the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. The climate averages highs of 67.2°F and lows of 47.1°F, with about 10.8" of annual snowfall. Overall, Evansville has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 42 | 47 | 57 | 68 | 77 | 86 | 89 | 88 | 82 | 70 | 56 | 46 |
| Low °F | 26 | 28 | 36 | 46 | 57 | 65 | 69 | 67 | 59 | 47 | 37 | 30 |
| Precip" | 3.35 | 3.22 | 4.60 | 5.14 | 5.12 | 4.44 | 4.38 | 3.07 | 3.31 | 3.39 | 4.11 | 3.78 |
| Snow" | 3.4 | 3.1 | 1.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 2.8 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Evansville, IN?
Evansville has a cost index of 54 (100 = national average). It is 46% below the national average.
What is average rent in Evansville, IN?
The median gross rent in Evansville is $949 per month based on 2023 Census data.
What is the average home price in Evansville?
The median home value in Evansville is $129,100 according to Zillow and Census data.
What is the median income in Evansville?
The median household income in Evansville is $52,251 per year (2023 ACS 5-year estimates).
What is the sales tax in Evansville, IN?
The combined state and local sales tax rate in Evansville is 7.0%. The Indiana state income tax top rate is 3.0%.
Is Evansville, IN affordable?
Yes, Evansville is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.
What is the weather like in Evansville?
Evansville has average high temperatures of 67.2°F and average lows of 47.1°F. Annual precipitation is 47.9". Average annual snowfall is 10.8". Data from NOAA 1991–2020 Climate Normals.
Evansville at a Glance
- Population
- 116,441
- Median Income
- $52,251
- Home Value
- $129,100
- Median Rent
- $949/mo
- Unemployment
- 5.3%
- Avg High Temp
- 67.2°F
- Sales Tax
- 7.0%
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Explore county-level cost of living data
Indiana Rankings
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