Zip 47711 (Evansville, IN) Cost of Living


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How much do I need to live in Evansville, Indiana?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

Evansville cost of living score
80
Less expensive
20.0% lower
than the US average
4.4% lower
than the Indiana average
Evansville (zip 47711), Indiana gets a BestPlaces Cost of Living score of 80, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.0% lower than the U.S. average and 4.4% higher than the average for Indiana.

Zip 47711 (Evansville, IN)

Housing costs in Evansville?
A typical home costs $152,100, which is 55.0% less expensive than the national average of $338,100 and 31.4% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Evansville costs $990 per month, which is 1.0% more than the national average of $980 and 2.0% more than the state average of $970.

Can I afford Evansville?
To live comfortably in Evansville (zip 47711), Indiana, a minimum annual income of $29,160 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Evansville?
The cost of living in 47711 Evansville, IN is very affordable compared to other parts of the country. The median home cost is around $117,000 which is far below the national median, making it one of the most affordable places to buy a home. Rent prices are also very reasonable as they average around $800 for a two bedroom apartment. Other costs such as groceries, clothes, and utilities are all much lower than the national averages. All in all, 47711 Evansville, IN offers residents an excellent quality of life at an extremely low cost.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEvansvilleIndianaUnited States
    Unlock83.7100.0
  90.7  Unlock100.0
    Unlock94.4100.0
  48.8  Unlock100.0
    Unlock$221,600$338,100
  108.4  Unlock100.0
    Unlock85.4100.0
  92.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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