Overall
91.5
Below avg
Metro cost profile · 2024 BEA RPP
Evansville, IN
Cost-of-living indicators for Evansville, IN, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.
- 91.5
- Overall RPP
- #257
- of 387 metros
- 66.7
- Rents RPP
- $109K
- $100K national buys
Evansville ranks #257 of 387 U.S. metros by cost, and its overall price index has fallen 2.3 points since 2008.
- falling since 2008
- similar cost to Iowa City
The verdict
Evansville costs less than 66% of U.S. metros, an overall index of 91.5, 8.5% below the national average, with rents the biggest swing at 66.7.
- bottom 34%
- by overall cost, nationwide
- 94.3
- goods RPP, tradable items
- 86.7
- services RPP, labor-priced
A $100,000 national salary carries the purchasing power of about $109,256 here; matching a $100K lifestyle takes roughly $91,528.
RPP History (2008-2024)
The cost of living has been trending downward, decreasing by 2.3 points over this period. The largest single-year move was in 2010, when the index dropped 2.0 points from the year before.
Evansville overall RPP, 2008-2024
Every year on record, national average = 100
| Year | Overall |
|---|---|
| 2008 | 93.8 |
| 2009 | 94.9 |
| 2010 | 92.9 |
| 2011 | 92.7 |
| 2012 | 93.1 |
| 2013 | 91.8 |
| 2014 | 91.5 |
| 2015 | 91.0 |
| 2016 | 90.9 |
| 2017 | 90.9 |
| 2018 | 90.1 |
| 2019 | 91.6 |
| 2020 | 90.3 |
| 2021 | 90.7 |
| 2022 | 89.5 |
| 2023 | 90.0 |
| 2024 | 91.5 |
Latest BEA release change
What changed from 2023 to 2024
Evansville's overall RPP rose +1.5 points, from 90.0 in 2023 to 91.5 in 2024. The largest category movement was rents, changing from 61.9 to 66.7. This is a relative change against the national benchmark, not a household's dollar bill.
Salary Equivalent
A $100,000 salary at the national average cost of living equals:
$91,528
in Evansville, IN purchasing power
$50,000 nationally
$45,764
$75,000 nationally
$68,646
$125,000 nationally
$114,410
$150,000 nationally
$137,292
$200,000 nationally
$183,056
Use the salary calculator for custom amounts.
Affordability score
C
74/100
How far the median local paycheck goes here, combining income and housing cost
Purchasing power
Not reported
Housing affordability C
74th percentile
A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.
Housing-led affordability profile
How Evansville's cost structure works
Housing is the strongest affordability offset in Evansville: rents index at 66.7, the component furthest below the national benchmark. That does not make every local expense low, but it is the clearest explanation for the metro's overall RPP of 91.5.
Across all reported metros, the closest component-profile matches are Springfield, MO, Michigan City-La Porte, IN, Wichita, KS. They resemble Evansville across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.
Across 2008-2024, Evansville's overall index has fallen by 2.3 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.
Evansville vs every U.S. metro
Where this metro sits in the national cost distribution
92 Bottom 34% higher than 34% of 387 US metros
Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024
Evansville cost breakdown
BEA RPP by category, 100 = national average
- Rents
Rents
66.7 RPP
- Services
Services
86.7 RPP
- Overall
Overall
91.5 RPP
- Goods
Goods
94.3 RPP
What this shows Evansville's cost structure is housing-led: rents at 66.7 depart furthest from 100, while services sits at 86.7. This is a rent-sensitive profile, not a claim that every local expense moves together.
Goods vs. housing, where Evansville's cost comes from
Metros near Evansville's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.
Read the chart as text
- Evansville (Evansville, this metro): goods RPP 94.3, rents RPP 66.7
- Iowa City: goods RPP 93.7, rents RPP 84
- Lincoln: goods RPP 94.1, rents RPP 84.2
- Chattanooga: goods RPP 96, rents RPP 76.6
- Toledo: goods RPP 93.6, rents RPP 67.3
- Fond du Lac: goods RPP 93.8, rents RPP 67.3
- Birmingham: goods RPP 96.4, rents RPP 71.9
Price Index Summary
Goods
94.3
Below avg
Services
86.7
Cheap
Rents
66.7
Cheap
IN-relative analysis
Goods prices places Evansville, IN near the bottom of IN's metros
Among the 12 IN metros PlainCost tracks with reported goods prices data, Evansville, IN ranks #1 - the 8th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Evansville, IN only against its own state's metros, not the full US field.
Goods prices
#1 of 12
8th percentile in IN
Services prices
#2 of 12
83rd percentile in IN
Rent prices
#8 of 12
33rd percentile in IN
Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within IN only, not a livability score.
Nationwide metros with similar overall cost or rent prices
Two BEA RPP-derived peer sets for Evansville, IN: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.
Similar overall RPP
Nearest metros by overall regional price parity (91.5 here).
Similar rents RPP
Nearest metros by rents regional price parity (66.7 here).
Other IN Metros
Indianapolis-Carmel-Greenwood, IN 95.7 Bloomington, IN 95.1 Lafayette-West Lafayette, IN 93.4 Columbus, IN 93.0 South Bend-Mishawaka, IN-MI 92.9 Fort Wayne, IN 92.6
View all IN metros → Cheapest in IN → Most expensive in IN →
Metros with Similar Cost of Living
These metros have an overall RPP closest to Evansville, IN's index of 91.5.
Showing the 6 closest of 387 metro areas tracked nationally.
Decision peers
Metros with a similar cost mix
These metros are closest to Evansville's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.
Springfield, MO
Goods 94.2 · Services 85.8 · Rents 65.6 Michigan City-La Porte, IN
Goods 94.3 · Services 86.4 · Rents 68.5 Wichita, KS
Goods 94.0 · Services 88.5 · Rents 66.2 Elkhart-Goshen, IN
Goods 94.3 · Services 86.4 · Rents 64.3 Columbia, MO
Goods 94.2 · Services 86.0 · Rents 69.2 St. Cloud, MN
Goods 95.4 · Services 88.7 · Rents 65.1
Shareable data card
Take this cost snapshot with you
Download the data card or share this exact metro record. The card uses the same BEA-derived values shown above.
Compare to Other Metros
Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.
What this means for Evansville
How to read Evansville's cost of living before a move, a job offer, or a budget.
- Budget to local prices, not headline pay, a $100K national salary spends like about $109,256 in Evansville. Salary calculator
- Start with rents: it indexes at 66.7, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
- Compare Evansville head-to-head against a specific destination before you decide. Compare metros
RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.
Frequently Asked Questions
What is the cost of living in Evansville, IN?
Evansville, IN has a Regional Price Parity (RPP) index of 91.5, meaning it is 8.5% less expensive than the national average. Goods are indexed at 94.3, services at 86.7, and rents at 66.7. It ranks #257 out of 387 U.S. metro areas by overall cost.
What salary do I need in Evansville, IN to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $91,528 in Evansville, IN. Conversely, $100K earned in Evansville, IN has the purchasing power of $109,256 at the national average.
How expensive is rent in Evansville, IN?
Rents in Evansville, IN are indexed at 66.7, which is 33.3% below the national average. This makes the area relatively affordable for renters.
Is Evansville, IN getting more expensive?
From 2008 to 2024, Evansville, IN's overall cost index changed by -2.3 points (from 93.8 to 91.5). The cost of living has been declining.
What costs the most in Evansville, IN?
The priciest category in Evansville, IN is goods at 94.3, 5.7% below the national average, still the highest of the three categories. The most affordable category is rents at 66.7, 33.3% below average.
What metros have a similar cost of living to Evansville, IN?
Metros with the most similar overall cost index include Iowa City, Lincoln, Chattanooga. These areas have RPP values within a few points of Evansville, IN's 91.5.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.