Is it cheaper to live in Evansville or Warwick?

Evansville, IN is cheaper. Its monthly baseline of $970 (1BR rent + utilities) runs about 30% below Warwick, RI's $1,390, mainly because of rent.

How much more do you need to earn to live in Evansville than in Warwick?

To keep rent near the recommended 30% of gross income, you'd want to earn roughly $31,000 a year in Evansville versus $43,000 in Warwick.

Which has lower taxes, Evansville or Warwick?

Evansville is taxed under Indiana's rules (a top state income tax rate of 2.95% and a 7% state sales tax); Warwick under Rhode Island's (a top state income tax rate of 5.99% and a 7% state sales tax).

Evansville vs Warwick Cost of Living 2026

Evansville

Indiana

$970/mo est.

Warwick

Rhode Island

$1,390/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $970 in Evansville, IN versus $1,390 in Warwick, RI. Overall, Evansville, IN is roughly 30% cheaper to live in day-to-day than Warwick, RI, driven mainly by rent.

Median household income is $52,251 in Evansville, IN and $87,536 in Warwick, RI — about 40% higher in Warwick, RI. Indiana has a top state income tax rate of 2.95% and a 7% state sales tax; Rhode Island has a top state income tax rate of 5.99% and a 7% state sales tax.

Evansville, IN

Warwick, RI

Rent

Studio

$741

$923

+25% in Warwick, RI

1 Bedroom

$768

$1,085

+41% in Warwick, RI

2 Bedroom

$1,022

$1,629

+59% in Warwick, RI

3 Bedroom

$1,167

$1,569

+34% in Warwick, RI

Buying a Home

Median Home Value

$129,100

$322,000

+149% in Warwick, RI

Income

Median Household Income

$52,251

$87,536

+68% in Warwick, RI

Metro Median Wage (annual)

$46,540

$53,680

+15% in Warwick, RI

People & Lifestyle

Median Age

38.1 yr

44.6 yr

+6.5 yr in Warwick, RI

Homeownership

53.9%

73.4%

+19.5 pp in Warwick, RI

Bachelor's+ (25+)

22.3%

33.2%

+10.9 pp in Warwick, RI

Avg Commute

18.7 min

25.0 min

+6.3 min in Warwick, RI

Crime (per 100k/yr)

Violent Crime

1,210.5

79.5

+93% in Evansville, IN

Property Crime

3,716.2

1,149.5

+69% in Evansville, IN

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature

56.4°F

51.6°F

+4.8°F in Evansville, IN

Annual Precipitation

45.3 in

47.2 in

+1.9 in in Warwick, RI

Gas

Regular Gasoline

$3.85/gal

$3.94/gal

+2% in Warwick, RI

Area: Midwest (PADD 2) vs East Coast (PADD 1).

Utilities

Electricity (¢/kWh)

17.5

29.2

+67% in Warwick, RI

Natural Gas ($/MCF)

$24.52

$25.75

+5% in Warwick, RI

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

Groceries

Milk (gal)

$4.31

about equal

Bread (lb)

$1.66

$1.92

+16% in Warwick, RI

Eggs (doz)

$3.63

$2.19

+40% in Evansville, IN

Ground Beef (lb)

$6.77

$6.90

+2% in Warwick, RI

Chicken (lb)

$2.10

$2.19

+4% in Warwick, RI

Bananas (lb)

$0.62

$0.69

+12% in Warwick, RI

Average prices — Midwest vs Northeast (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (IN / RI)

about equal

Income Tax (top rate)

2.95%

5.99%

+3.0 pp in RI

Evansville vs Warwick — FAQ

Is it cheaper to live in Evansville or Warwick?: Evansville, IN is cheaper. Its monthly baseline of $970 (1BR rent + utilities) runs about 30% below Warwick, RI's $1,390, mainly because of rent.
How much more do you need to earn to live in Evansville than in Warwick?: To keep rent near the recommended 30% of gross income, you'd want to earn roughly $31,000 a year in Evansville versus $43,000 in Warwick.
Which has lower taxes, Evansville or Warwick?: Evansville is taxed under Indiana's rules (a top state income tax rate of 2.95% and a 7% state sales tax); Warwick under Rhode Island's (a top state income tax rate of 5.99% and a 7% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).