Cost of Living: Kokomo, 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 Kokomo, IN versus $4,332/mo in Evansville, IN. In the model, rent is about 13.35% of gross in Kokomo, IN versus 13.83% in Evansville, IN, so Kokomo, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Kokomo, IN and Evansville, IN.
At a glance
- Cheaper overall (lower cost-of-living index): Evansville, IN
- Lower rent (median 1BR/2BR): Kokomo, IN
- Lower home prices: Kokomo, IN
- Higher median household income: Kokomo, IN
Cost of Living Index
Kokomo, 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
Kokomo, IN: $871/mo (midpoint of 1BR/2BR) · Evansville, IN: $902/mo
Median rent in Evansville, IN is $31/mo higher than in Kokomo, IN.
Median Home Price
Kokomo, IN: $126,500 · Evansville, IN: $129,100
Median home price in Evansville, IN is $2,600 higher than in Kokomo, IN.
Median Household Income
Kokomo, IN: $54,195 · Evansville, IN: $52,251
Kokomo, IN has a higher median household income than Evansville, IN by $1,944.
Kokomo, IN overview · Evansville, IN overview · Popular comparisons