CostIndexUSA

Evansville, IN vs Fayetteville, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostIN
Evansville
91.5
overall index
$1,050/mo rent
NC
Fayetteville
92
overall index
$1,475/mo rent

Evansville and Fayetteville have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+9.6%
Evansville
66.7
Fayetteville
73.1
🛒 Groceries+2.4%
Evansville
94.3
Fayetteville
96.6
🚗 Transportation−1.0%
Evansville
104.1
Fayetteville
103.1
🏥 Healthcare−1.0%
Evansville
94.2
Fayetteville
93.3
⚡ Utilities+1.3%
Evansville
86.7
Fayetteville
87.8

Salary Equivalency Calculator

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

$
→
Equivalent salary in Fayetteville, NC
$80,400
$400 more needed in Fayetteville

Formula: salary × (92 ÷ 91.5) = salary × 1.0055. Based on BEA Regional Price Parities.

Housing Market

Evansville, IN

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

Fayetteville, NC

Median Home Price
$251,000
Median Monthly Rent
$1,475
Housing Index
73.1
Price-to-Rent Ratio
14.2×

Fayetteville has 9.6% higher housing costs compared to Evansville.

Income & Job Market

Evansville, IN

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

Fayetteville, NC

Median Household Income
$61,200
Per Capita Income
$34,900
Unemployment Rate
6.5%
Population
208,501
Top Industries
MilitaryHealthcareRetailGovernmentManufacturing

Affordability at a Glance

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

Evansville, IN
5.2×income-to-rent ratio

81% of income left after rent (median)

Fayetteville, NC
3.5×income-to-rent ratio

71% of income left after rent (median)

Evansville vs other cities

Evansville, IN
vs
Bloomington, IN
Index: 91.5Index: 95.1
Evansville, IN
vs
Fort Wayne, IN
Index: 91.5Index: 92.6
Evansville, IN
vs
Indianapolis, IN
Index: 91.5Index: 95.7
Evansville, IN
vs
Beaumont, TX
Index: 91.5Index: 90
Evansville, IN
vs
Lakeland, FL
Index: 91.5Index: 97.1

Fayetteville vs other cities

Fayetteville, NC
vs
Asheville, NC
Index: 92Index: 96.5
Fayetteville, NC
vs
Cary, NC
Index: 92Index: 98.2
Fayetteville, NC
vs
Charlotte, NC
Index: 92Index: 97.3
Fayetteville, NC
vs
Moreno Valley, CA
Index: 92Index: 106.4
Fayetteville, NC
vs
Columbus, GA
Index: 92Index: 89.3

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.