Cost of Living: Ann Arbor, MI vs Evansville, IN (2026)

Ann Arbor

Michigan
121
VS

Evansville

Indiana
57

Ann Arbor is 112% more expensive than Evansville.

$1,552/mo ↑ 64%
Median Rent
$949/mo ↓ 39%
$81,089/yr ↑ 55%
Median Income
$52,251/yr ↓ 36%
$435,100 ↑ 237%
Home Value
$129,100 ↓ 70%
$1,638/mo ↑ 78%
Owner Costs
$919/mo ↓ 44%
121,179
Population
116,441

Tax Comparison

4.25%
Income Tax
3.05%
6.0%
State Sales Tax
7.0%
1.38%
Property Tax
0.83%

Affordability

23.0%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Ann Arbor, MI and Evansville, IN, the overall cost of living indices are 121 and 57 respectively (national median = 100). Rent is $603/month cheaper in Evansville, saving renters about $7,236/year.

Median household income is $28,838/year higher in Ann Arbor. Home values also differ significantly — the median in Ann Arbor is $435,100 compared to $129,100 in Evansville.

Indiana has a lower income tax rate, making Evansville slightly more tax-friendly.

Frequently Asked Questions

Ann Arbor vs Evansville — common questions

Is Ann Arbor or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 121 (US average = 100).
What is the rent difference between Ann Arbor and Evansville?
Median rent in Ann Arbor is $1,552/month and in Evansville it's $949/month — a difference of $603/month.
Which city has higher income, Ann Arbor or Evansville?
Median household income is $81,089 in Ann Arbor and $52,251 in Evansville. Median household income is $28,838/year higher in Ann Arbor.
How do taxes compare between Michigan and Indiana?
Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Ann Arbor or Evansville?
It depends on your priorities. Ann Arbor has a cost index of 121 with median rent of $1,552/mo, while Evansville has a cost index of 57 with rent of $949/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Ann Arbor details → View Evansville details →

More Comparisons

Other cost of living comparisons for Ann Arbor and Evansville

Ann Arbor vs. Lafayette Ann Arbor vs. Berkeley Ann Arbor vs. Rochester Ann Arbor vs. Fairfield Ann Arbor vs. Independence Ann Arbor vs. Hartford Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow