Cost of Living in Evansville, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.9
100 = national avg
-13.1 vs national average
Living Wage (1 Adult)
$38,255
per year
Living Wage (Family of 4)
$90,420
per year
Cost Index by Category
Housing68.9
Food98.2
Transportation96.5
Healthcare98.6
Utilities92.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$698
per month
2 Bedroom
$916
per month
The overall cost of living index in Evansville is 86.9, which is 13.1% below the national average. Housing costs are below the national average at an index of 68.9. A single adult needs to earn approximately $38,255 per year to cover basic expenses.