Zip 47714 (Evansville, IN) Cost of Living


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Evansville cost of living score
80
Less expensive
20.0% lower
than the US average
4.4% lower
than the Indiana average
Evansville (zip 47714), 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 47714 (Evansville, IN)

Housing costs in Evansville?
A typical home costs $127,200, which is 62.4% less expensive than the national average of $338,100 and 42.6% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Evansville costs $1,000 per month, which is 2.0% more than the national average of $980 and 3.0% more than the state average of $970.

Can I afford Evansville?
To live comfortably in Evansville (zip 47714), Indiana, a minimum annual income of $24,480 for a family, and $32,000 for a single person is recommended.

What does A.I. say about Evansville?
The cost of living in 47714 Evansville, IN is quite affordable compared to other cities in the US. The median home value in the area is around $121,000, which is much lower than the national average of around $200,000. Rent prices are also very reasonable, averaging around $800 a month for a one-bedroom apartment. Other costs like groceries and utilities are also well below the national average, making this city an ideal place to live for those looking for an affordable lifestyle.
   Cost of living score
     CategoriesEvansvilleIndianaUnited States
  80.083.7100.0
  89.892.9100
  92.594.4100.0
  39.363.8100.0
  $127,200$221,600$338,100
  109.3%97.2%100.0%
  78.885.4100.0
  92.2102.0100.0

   100=National Average

   Average Rent by Bedroom Size
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