CostIndexUSA

Clarksville, TN vs Evansville, IN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTN
Clarksville
90.9
overall index
$1,350/mo rent
IN
Evansville
91.5
overall index
$1,050/mo rent

Clarksville is slightly cheaper than Evansville — 0.7% lower overall cost of living.

To match an $80,000 salary in Clarksville, you would need $80,500 in Evansville. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing9.6%
Clarksville
73.8
Evansville
66.7
🛒 Groceries2.0%
Clarksville
96.2
Evansville
94.3
🚗 Transportation+3.8%
Clarksville
100.3
Evansville
104.1
🏥 Healthcare+3.9%
Clarksville
90.7
Evansville
94.2
Utilities+19.6%
Clarksville
72.5
Evansville
86.7

Salary Equivalency Calculator

Enter your current salary in Clarksville to see what you'd need to earn in Evansville to maintain the same purchasing power.

$
Equivalent salary in Evansville, IN
$80,500
$500 more needed in Evansville

Formula: salary × (91.5 ÷ 90.9) = salary × 1.0066. Based on BEA Regional Price Parities.

Housing Market

Clarksville, TN

Median Home Price
$289,000
Median Monthly Rent
$1,350
Housing Index
73.8
Price-to-Rent Ratio
17.8×

Evansville, IN

Median Home Price
$214,000
Median Monthly Rent
$1,050
Housing Index
66.7
Price-to-Rent Ratio
17.0×

Clarksville has 9.6% lower housing costs compared to Evansville.

Income & Job Market

Clarksville, TN

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
5.6%
Population
166,722
Top Industries
MilitaryHealthcareManufacturingRetailEducation

Evansville, IN

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
3.4%
Population
118,414
Top Industries
HealthcareManufacturingFinanceRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Clarksville, TN
4.1×income-to-rent ratio

76% of income left after rent (median)

Evansville, IN
5.2×income-to-rent ratio

81% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.