Cost of Living: Evansville, IN vs Valparaiso, IN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Evansville, IN versus $4,332/mo in Valparaiso, IN. In the model, rent is about 13.83% of gross in Evansville, IN versus 16.65% in Valparaiso, IN, so Evansville, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Evansville, IN and Valparaiso, IN.
At a glance
- Cheaper overall (lower cost-of-living index): Valparaiso, IN
- Lower rent (median 1BR/2BR): Evansville, IN
- Lower home prices: Evansville, IN
- Higher median household income: Valparaiso, IN
Cost of Living Index
Evansville, IN: 100 (U.S. = 100) · Valparaiso, IN: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Evansville, IN: $902/mo (midpoint of 1BR/2BR) · Valparaiso, IN: $1,085/mo
Median rent in Valparaiso, IN is $183/mo higher than in Evansville, IN.
Median Home Price
Evansville, IN: $129,100 · Valparaiso, IN: $250,500
Median home price in Valparaiso, IN is $121,400 higher than in Evansville, IN.
Median Household Income
Evansville, IN: $52,251 · Valparaiso, IN: $67,664
Valparaiso, IN has a higher median household income than Evansville, IN by $15,413.
Evansville, IN overview · Valparaiso, IN overview · Popular comparisons