Cost of Living: Valparaiso, 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 Valparaiso, IN versus $4,332/mo in Evansville, IN. In the model, rent is about 16.65% of gross in Valparaiso, IN versus 13.83% in Evansville, IN, so Evansville, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Valparaiso, 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: Valparaiso, IN
Cost of Living Index
Valparaiso, 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
Valparaiso, IN: $1,085/mo (midpoint of 1BR/2BR) · Evansville, IN: $902/mo
Median rent in Valparaiso, IN is $183/mo higher than in Evansville, IN.
Median Home Price
Valparaiso, IN: $250,500 · Evansville, IN: $129,100
Median home price in Valparaiso, IN is $121,400 higher than in Evansville, IN.
Median Household Income
Valparaiso, IN: $67,664 · Evansville, IN: $52,251
Valparaiso, IN has a higher median household income than Evansville, IN by $15,413.
Valparaiso, IN overview · Evansville, IN overview · Popular comparisons