Housing costs in Evansville?
A typical home costs
$245,900, which is 27.3% less expensive than the national average of
$338,100 and 11.0% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Evansville costs
$970 per month, which is 1.0% cheaper than the national average of
$980 and close to the state average of
$970.
Can I afford Evansville?
To live comfortably in Evansville (zip 47708), Indiana, a minimum annual income of
$47,160 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Evansville?
The cost of living in 47708 Evansville, IN is fairly affordable. With a median home value of $87,055 and median rent costs of $731 per month, it is easy to see why this zip code has become an attractive option for many people looking for an affordable place to live. Additionally, the overall cost of living index in the area is 87.2 which is lower than the national average by 12.8 points. This means that residents can enjoy a comfortable life with more purchasing power than many other parts of the country at a much lower price.