Evansville, IL Cost of Living

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United States / Illinois / No Metro Area / Randolph County / Evansville / Zip Codes

Evansville cost of living score
Less expensive
25.4% lower
than the US average
20.4% lower
than the Illinois average
Evansville, Illinois gets a BestPlaces Cost of Living score of 74.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.4% lower than the U.S. average and 20.4% higher than the average for Illinois.

Evansville, IL

Housing costs in Evansville?
A typical home costs $107,700, which is 68.1% less expensive than the national average of $338,100 and 55.4% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Evansville costs $690 per month, which is 51.7% cheaper than the national average of $1,430 and 82.6% cheaper than the state average of $1,260.

Can I afford Evansville?
To live comfortably in Evansville, Illinois, a minimum annual income of $20,520 for a family, and $21,200 for a single person is recommended.

What does A.I. say about Evansville?
Evansville, IL is an affordable place to live. The cost of living in Evansville is 10.4% lower than the Illinois average and 14.1% lower than the national average, according to BestPlaces. The median home value in Evansville is $95,900, which is 21.2% lower than the Illinois median home value of $121,600. Additionally, the median gross rent in Evansville for a one-bedroom apartment was $495 per month as of 2019, which is 4.9% lower than the national median rental rate of $521 per month. With low taxes and housing costs coupled with relatively high wages and salaries compared to other parts of Illinois, Evansville can be a great choice for those looking to make their money stretch further while still having access to many amenities and services that larger cities offer.
   Cost of living score
     CategoriesEvansvilleIllinoisUnited States

   100=National Average

   Average Rent by Bedroom Size
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