Zip 47725 (Evansville, IN) Cost of Living


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How much do I need to live in Evansville, Indiana?
$4,620 / month
for a family, 14.4% less expensive than the national average A total of $55,440 for the year for a family.
$3,800 / month
for a single person, 20.3% less expensive than the national average A total of $45,600 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 47725), 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 47725 (Evansville, IN)

Housing costs in Evansville?
A typical home costs $288,800, which is 14.6% less expensive than the national average of $338,100 and 30.3% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Evansville costs $1,430 per month, which is 0.0% cheaper than the national average of $1,430 and 31.5% more than the state average of $980.

Can I afford Evansville?
To live comfortably in Evansville (zip 47725), Indiana, a minimum annual income of $55,440 for a family, and $45,600 for a single person is recommended.

What does A.I. say about Evansville?
The cost of living in 47725 Evansville, IN is relatively low compared to other areas of the country. The median home price in 47725 is around $84,000, which is much lower than national or regional averages. On top of that, the area has a very low unemployment rate, meaning residents can find plenty of job opportunities and enjoy a good quality of life. Additionally, the cost of basic goods and services such as groceries and healthcare are also much lower than in most other places in the country. All these factors combined make 47725 Evansville, IN an excellent place to live for people looking for an affordable lifestyle.
   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
  95.6  Unlock100.0
    Unlock94.4100.0
  88.4  Unlock100.0
    Unlock$221,600$338,100
  106.8  Unlock100.0
    Unlock85.4100.0
  92.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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