Is Evansville expensive to live in?

Evansville is among the more affordable of the 112 US cities we track. Its one-bedroom rent of $768 per month ranks #107 of 112 and is 29% lower than the $1,080 median.

What is the average rent in Evansville?

Average rent in Evansville, IN runs a studio around $741, a one-bedroom around $768, a two-bedroom around $1,022, a three-bedroom around $1,167 per month (US Census ACS).

How much do you need to earn to live in Evansville?

To keep a one-bedroom rent of $768 near the recommended 30% of gross income, you'd want to earn roughly $31,000 a year. The median household income here is $52,251.

How much does it cost to live in Evansville per month?

A rough monthly baseline for one person in Evansville is about $950 — one-bedroom rent plus typical residential electricity and heating. It excludes food, transport, and healthcare, so a full budget is higher.

Cost of Living in Evansville, IN

Population 116,441 · Indiana

~$950/mo est.1BR $768Home $129,100

Photo: Abby Elpers / Unsplash

Compare with:

The cost of living in Evansville, IN is driven mostly by housing. A one-bedroom apartment rents for around $768 a month — 29% lower than the $1,080 median across the 112 large US cities we track. Studios average $741 and two-bedrooms $1,022.

Median household income here is $52,251, 25% lower than the $69,423 median of the cities we track. Adding typical electricity and heating to one-bedroom rent, a rough monthly baseline for one person is about $950 before food and transport. Indiana has a top state income tax rate of 2.95% and a 7% state sales tax.

Rent1BR $768

Studio

$741

1 Bedroom

$768

2 Bedroom

$1,022

3 Bedroom

$1,167

Buying a Home$129,100

Median Home Value

$129,100

Income$52,251

Median Household Income

$52,251

Metro Median Wage (annual)

$46,540

Household income: Census ACS, city. Metro median wage: BLS OEWS, all occupations, 2025 (metro area).

GroceriesMidwest

Milk (gal)

$4.31

Bread (lb)

$1.66

Eggs (doz)

$3.63

Ground Beef (lb)

$6.77

Chicken (lb)

$2.10

Bananas (lb)

$0.62

Average prices, Midwest (BLS, 2026-07-01). Regional where available, otherwise U.S. average.

Utilities18.1¢/kWh

Electricity

18.1¢/kWh

Natural Gas

$13.70/MCF

Residential, state-level averages (EIA, 2026-05-01). MCF = 1,000 cubic feet.

Gas$3.94/gal

Regular Gasoline (Midwest (PADD 2))

$3.94/gal

EIA weekly retail average, week of 2026-08-17.

State Taxes (IN)7% sales

State Sales Tax

State Income Tax (top rate)

Up to 2.95%

State-level rates. Local sales taxes may add more. Income tax shown is the top marginal rate; most filers pay less.

Crime1,210.5 violent

Violent Crime (per 100k/yr)

1,210.5

Property Crime (per 100k/yr)

3,716.2

FBI Crime Data Explorer, Evansville Police Department (2024). Offenses per 100,000 residents per year. Agency reporting practices vary, so cross-city comparisons are approximate.

People & LifestyleAge 38.1 yrs

Median Age

38.1 yrs

Homeownership

53.9%

Bachelor's+ (25+)

22.3%

Avg Commute

18.7 min

Climate56.4°F

Avg Annual Temperature

56.4°F

Annual Precipitation

45.3 in

Evansville cost of living — FAQ

Is Evansville expensive to live in?: Evansville is among the more affordable of the 112 US cities we track. Its one-bedroom rent of $768 per month ranks #107 of 112 and is 29% lower than the $1,080 median.
What is the average rent in Evansville?: Average rent in Evansville, IN runs a studio around $741, a one-bedroom around $768, a two-bedroom around $1,022, a three-bedroom around $1,167 per month (US Census ACS).
How much do you need to earn to live in Evansville?: To keep a one-bedroom rent of $768 near the recommended 30% of gross income, you'd want to earn roughly $31,000 a year. The median household income here is $52,251.
How much does it cost to live in Evansville per month?: A rough monthly baseline for one person in Evansville is about $950 — one-bedroom rent plus typical residential electricity and heating. It excludes food, transport, and healthcare, so a full budget is higher.

Compare Evansville with nearby cities

Evansville vs Bowling Green Evansville vs Louisville Evansville vs Nashville Evansville vs Indianapolis Evansville vs St. Louis Evansville vs Lexington

Nearby cities

Bowling Green, KY 92 mi Louisville, KY 100 mi Nashville, TN 132 mi Indianapolis, IN 146 mi St. Louis, MO 150 mi Lexington, KY 167 mi

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981-2010 (climate); EIA (gas, utilities); BLS Average Price Data (groceries) & OEWS (metro wage); transit agencies (fares); FBI Crime Data Explorer (crime); Tax Foundation 2026 (state taxes). Monthly estimate = 1BR rent + utilities; not a full cost of living.