Cost of Living in Evansville, IN
Housing
The housing market plays a significant role in determining the cost of living in Evansville, IN.
- Housing Index: 80.0 / 100
- Median Home Price is: $210,000
- Average Rent (2 BR Apartment): $883 per month
- Average Rent (2 BR House): $960 per month
Considering a move to Evansville, IN? With a housing index of 80.0, this area demonstrates a relatively affordable market. The median home price is set at 210000, making buying a home a reasonable investment. Meanwhile, if renting is more your style, you can expect to pay around 883 for a two-bedroom apartment or 960 for a two-bedroom house. Overall, this combination of affordability and amenities makes Evansville an appealing option for many potential residents looking for value and convenience in their real estate choices.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Evansville, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Evansville, IN could entail higher utility costs. Electricity costs sit at $14.89, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Evansville is a financially viable option for your relocation.