Zip 47715 (Evansville, IN) Cost of Living


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How much do I need to live in Evansville, Indiana?
$3,300 / month
for a family, 38.9% less expensive than the national average A total of $39,600 for the year for a family.
$2,933 / month
for a single person, 38.5% less expensive than the national average A total of $35,200 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 47715), 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 47715 (Evansville, IN)

Housing costs in Evansville?
A typical home costs $206,300, which is 39.0% less expensive than the national average of $338,100 and 6.9% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Evansville costs $1,100 per month, which is 23.1% cheaper than the national average of $1,430 and 10.9% more than the state average of $980.

Can I afford Evansville?
To live comfortably in Evansville (zip 47715), Indiana, a minimum annual income of $39,600 for a family, and $35,200 for a single person is recommended.

What does A.I. say about Evansville?
Living in 47715 Evansville, IN is relatively affordable. According to recent data, the median home price is $101,000 and the median household income is $37,841. Rent prices in the area are also quite low compared to other parts of Indiana, with a median rent of only $781 per month. Utilities such as electricity and gas are also very affordable with an average cost of only $111.88 per month. The grocery and transportation costs in this area are also quite affordable with the average cost for groceries being around $391 per month and transportation costs around $115 per month. All in all, Evansville is a great choice for those looking for an affordable place to live.
   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
  92.3  Unlock100.0
    Unlock94.4100.0
  62.8  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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