Zip 47712 (Evansville, IN) Cost of Living


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How much do I need to live in Evansville, Indiana?
$2,760 / month
for a family, 48.9% less expensive than the national average A total of $33,120 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 47712), 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 47712 (Evansville, IN)

Housing costs in Evansville?
A typical home costs $172,500, which is 49.0% less expensive than the national average of $338,100 and 22.2% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Evansville costs $990 per month, which is 30.8% cheaper than the national average of $1,430 and close to the state average of $980.

Can I afford Evansville?
To live comfortably in Evansville (zip 47712), Indiana, a minimum annual income of $33,120 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Evansville?
The cost of living in 47712 Evansville, IN is quite affordable. According to the most recent data from BestPlaces, the cost of living index for 47712 Evansville is 72.75 while the US average is 100. This means that it is 27.25% below the national average. That makes it a great place to live as residents can enjoy significantly reduced costs on housing, groceries, health care and transportation compared to other areas in the United States. Additionally, the median household income in 47712 Evansville is $39,719 per year which helps residents save money even further when combined with cheaper prices.
   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
  91.6  Unlock100.0
    Unlock94.4100.0
  53.6  Unlock100.0
    Unlock$221,600$338,100
  109.3  Unlock100.0
    Unlock85.4100.0
  92.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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