Cost of Living: Indianapolis city (balance), IN vs Evansville, IN

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Indianapolis city (balance), IN versus $4,332/mo in Evansville, IN. In the model, rent is about 16.2% of gross in Indianapolis city (balance), IN versus 13.83% in Evansville, IN, so Evansville, IN tends to feel more affordable for rent.

Take-home in Indianapolis city (balance), IN
$4,332/mo
Income level: near
Take-home in Evansville, IN
$4,332/mo
Income level: above
Rent share (1BR) in Indianapolis city (balance), IN
16.2%
COLI tier: mid-range
Rent share (1BR) in Evansville, IN
13.83%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Indianapolis city (balance), IN and Evansville, IN.

At a glance

  • Cheaper overall (lower cost-of-living index): Evansville, IN
  • Lower rent (median 1BR/2BR): Evansville, IN
  • Lower home prices: Evansville, IN
  • Higher median household income: Indianapolis city (balance), IN

Cost of Living Index

Indianapolis city (balance), IN: 100 (U.S. = 100) · Evansville, IN: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Indianapolis city (balance), IN: $1,057/mo (midpoint of 1BR/2BR) · Evansville, IN: $902/mo

Median rent in Indianapolis city (balance), IN is $155/mo higher than in Evansville, IN.

Median Home Price

Indianapolis city (balance), IN: $207,000 · Evansville, IN: $129,100

Median home price in Indianapolis city (balance), IN is $77,900 higher than in Evansville, IN.

Median Household Income

Indianapolis city (balance), IN: $62,995 · Evansville, IN: $52,251

Indianapolis city (balance), IN has a higher median household income than Evansville, IN by $10,744.

Indianapolis city (balance), IN overview · Evansville, IN overview · Popular comparisons