CostIndexUSA

Evansville, IN vs New York, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIN
Evansville
91.5
overall index
$1,050/mo rent
NY
New York
112.6
overall index
$3,225/mo rent

Evansville is significantly cheaper than New York — 23.1% lower overall cost of living.

To match an $80,000 salary in Evansville, you would need $98,400 in New York. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+122.8%
Evansville
66.7
New York
148.6
🛒 Groceries+17.0%
Evansville
94.3
New York
110.3
🚗 Transportation+6.7%
Evansville
104.1
New York
111.1
🏥 Healthcare+6.7%
Evansville
94.2
New York
100.5
Utilities+46.5%
Evansville
86.7
New York
127

Salary Equivalency Calculator

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

$
Equivalent salary in New York, NY
$98,400
$18,400 more needed in New York

Formula: salary × (112.6 ÷ 91.5) = salary × 1.2306. 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×

New York, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

New York has 122.8% 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

New York, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

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)

New York, NY
2.5×income-to-rent ratio

59% 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.