Cost of Living in Evansville, WI

Population 5,771 · Wisconsin · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Evansville sits on the smaller end of the Wisconsin city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.3% points to a labor market well on the tight side of the national distribution.

Evansville sits roughly 20 miles southeast of Madison — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 26% lower than Madison's $347,000.

Cost Overview

Housing 84
Rent 72

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Evansville

The median home value in Evansville is $256,900 — 16% below the national median of $305,000. Median rent runs $941/month, 28% lower than the national median of $1,314/month. The median household income of $78,841/year is 6% higher than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 56.5°F and lows of 37.6°F, with about 51.8" of annual snowfall. Overall, Evansville has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$256,900
16% below avg
Zillow Home Value
$129,150
Zillow ZHVI
Median Rent
$941/mo
28% below avg
Price-to-Rent Ratio
22.8x
Favors renting
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 70.0%
Renter-occupied 30.0%

💰 Estimated Monthly Budget

Rent median rent
$941
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,555/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.4 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.5%

Commute Mode

Drove alone
83.5%
Carpooled
5.2%
Walked
1.8%
Work from home
8.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$78,841
6% above avg
Per Capita Income
$40,299
Unemployment Rate
2.3%
51% below avg
Poverty Rate
6.4%
Labor Force Participation
74.0%

🎓 Education

Bachelor's degree+ 21.7%
Graduate degree 11.2%

👥 Demographics

Median Age 36.6
Male median age 36.9
Female median age 36.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.5°F
Avg Low
37.6°F
Annual Precip
37.1"
Annual Snowfall
51.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 273144576979828073604532
Low °F 121525364757626051402918
Precip" 1.471.522.263.784.105.284.514.163.432.772.221.63
Snow" 13.712.87.02.60.10.00.00.00.00.63.012.0

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
63.9%
Good air days/yr
177
Max AQI recorded
0
PM2.5 days
205
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
14.3:1
Student-teacher ratio
4
Public schools
1,807
Total enrollment

Frequently Asked Questions

What is the cost of living in Evansville, WI?

Evansville has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Evansville, WI?

The median gross rent in Evansville is $941 per month based on 2023 Census data.

What is the average home price in Evansville?

The median home value in Evansville is $256,900 according to Zillow and Census data.

What is the median income in Evansville?

The median household income in Evansville is $78,841 per year (2023 ACS 5-year estimates).

What is the sales tax in Evansville, WI?

The combined state and local sales tax rate in Evansville is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is Evansville, WI affordable?

Yes, Evansville is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.

What is the weather like in Evansville?

Evansville has average high temperatures of 56.5°F and average lows of 37.6°F. Annual precipitation is 37.1". Average annual snowfall is 51.8". Data from NOAA 1991–2020 Climate Normals.

Evansville at a Glance

Population
5,771
Median Income
$78,841
Home Value
$256,900
Median Rent
$941/mo
Unemployment
2.3%
Avg High Temp
56.5°F
Sales Tax
5.4%
View all cities in Wisconsin →
🗺️ County data for Wisconsin

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs