Housing costs in Evansville?
A typical home costs
$172,500, which is 49.0% less expensive than the national average of
$338,100 and 22.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Evansville costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Evansville?
To live comfortably in Evansville (zip 47712), Indiana, a minimum annual income of
$33,120 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Evansville?
The cost of living in 47712 Evansville, IN is quite affordable. According to the most recent data from BestPlaces, the cost of living index for 47712 Evansville is 72.75 while the US average is 100. This means that it is 27.25% below the national average. That makes it a great place to live as residents can enjoy significantly reduced costs on housing, groceries, health care and transportation compared to other areas in the United States. Additionally, the median household income in 47712 Evansville is $39,719 per year which helps residents save money even further when combined with cheaper prices.