What is the cost of living in Evansville, IN?
According to the most recent data on the cost of living, Evansville has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Indiana, Evansville has a cost of living index that's 1.0x lower than Indiana's index of 90.
The standard of living in Evansville ranks as #54 most affordable out of the 129 places we measured in Indiana. By definition, that implies Evansville ranks as the #75 most expensive place in the Hoosier State.
For more reading on life in Evansville, check out:
Evansville Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Evansville. Here is how it fares on each of the criteria:
The Services index in Evansville is 98.
The Groceries index in Evansville is 93.
The Health index in Evansville is 65.
The Housing index in Evansville is 95.
The Transportation index in Evansville is 95.
The Utilities index in Evansville is 100.
| Living Expense | Evansville | Indiana | National Average |
|---|---|---|---|
| Overall | 88 | 90 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 93 | 95 | 100 |
| Health | 65 | 72 | 100 |
| Housing | 95 | 98 | 100 |
| Transportation | 95 | 94 | 100 |
| Utilities | 100 | 96 | 100 |
Evansville Cost Of Living Compared To Indiana Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Indiana, check out:
Protect your home budget Compare home warranties in Evansville Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Evansville, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Evansville is $198,977.
The Median Rent in Evansville is $975.
The Median Income in Evansville is $53,387.
The Home Value To Income in Evansville is 3.7x.
The Rent To Monthly Income in Evansville is 0.22x.
| Statistic | Evansville | Indiana | United States |
|---|---|---|---|
| Median Home Value | $198,977 | $254,121 | $332,700 |
| Median Rent | $975 | $1,062 | $1,413 |
| Median Income | $53,387 | $71,957 | $80,734 |
| Home Value To Income | 3.7x | 3.5x | 4.1x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.21x |
Evansville, IN Costs By Category
Detailed Evansville Services costs vs. Indiana
| Item | Evansville | Indiana |
|---|---|---|
| Shampoo | $1.23 | $1.28 |
| Movie | $13.11 | $12.13 |
| Bowling | $16.17 | $18 |
| Haircut | $25.34 | $24.26 |
| Beauty Salon | $44.12 | $45.56 |
Detailed Evansville Groceries costs vs. Indiana
| Item | Evansville | Indiana |
|---|---|---|
| Ground Beef | $5.74 | $5.84 |
| Fried Chicken | $1.37 | $1.57 |
| Milk | $4.5 | $4.67 |
| Potatoes | $5.13 | $4.93 |
| Pizza | $11.24 | $12.09 |
| Beer | $9.75 | $10.41 |
| Toothpaste | $3.7 | $3.7 |
Detailed Evansville Health costs vs. Indiana
| Item | Evansville | Indiana |
|---|---|---|
| Optometrist | $94.06 | $125.68 |
| Doctor | $105.07 | $135.78 |
| Dentist | $103.51 | $113.29 |
Detailed Evansville Transportation costs vs. Indiana
| Item | Evansville | Indiana |
|---|---|---|
| Gasoline | $3.25 | $3.46 |
| Tire Balancing | $50.23 | $59.92 |
Detailed Evansville Utilities costs vs. Indiana
| Item | Evansville | Indiana |
|---|---|---|
| All Electricity | $259.32 | $193.99 |
| Phone | $189.86 | $192.25 |
Evansville SnackAbility
Cost Of Living In Cities Around Evansville
The cost of living varies in the cities and towns around Evansville. Here's a quick look at the cost of living in the most populous nearby places:
Owensboro, KY has a cost of living index of 89, 1.0x Evansville.
Henderson, KY has a cost of living index of 87, 1.0x Evansville.
Madisonville, KY has a cost of living index of 89, 1.0x Evansville.
| City | Population | Cost Of Living | Vs. Evansville |
|---|---|---|---|
| Owensboro, KY | 60,302 | 89 | 1.0x |
| Henderson, KY | 27,852 | 87 | 1.0x |
| Madisonville, KY | 19,515 | 89 | 1.0x |
| Vincennes, IN | 16,586 | 83 | 0.9x |
| Jasper, IN | 15,991 | 90 | 1.0x |
| Mount Carmel, IL | 6,854 | 85 | 1.0x |
| Boonville, IN | 6,702 | 84 | 1.0x |
| Mount Vernon, IN | 6,400 | 91 | 1.0x |
| Huntingburg, IN | 6,396 | 81 | 0.9x |
| Highland, IN | 5,114 | 97 | 1.1x |
