Cost of Living: Austin, TX vs Evansville, IN (2026)

Austin

Texas
134
VS

Evansville

Indiana
57

Austin is 135% more expensive than Evansville.

$1,655/mo ↑ 74%
Median Rent
$949/mo ↓ 43%
$91,461/yr ↑ 75%
Median Income
$52,251/yr ↓ 43%
$512,700 ↑ 297%
Home Value
$129,100 ↓ 75%
$1,747/mo ↑ 90%
Owner Costs
$919/mo ↓ 47%
967,862
Population
116,441

Tax Comparison

0%
Income Tax
3.05%
6.25%
State Sales Tax
7.0%
1.6%
Property Tax
0.83%

Affordability

21.7%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Austin, TX and Evansville, IN, the overall cost of living indices are 134 and 57 respectively (national median = 100). Rent is $706/month cheaper in Evansville, saving renters about $8,472/year.

Median household income is $39,210/year higher in Austin. Home values also differ significantly — the median in Austin is $512,700 compared to $129,100 in Evansville.

Texas has no state income tax, giving Austin residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Austin vs Evansville — common questions

Is Austin or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 134 (US average = 100).
What is the rent difference between Austin and Evansville?
Median rent in Austin is $1,655/month and in Evansville it's $949/month — a difference of $706/month.
Which city has higher income, Austin or Evansville?
Median household income is $91,461 in Austin and $52,251 in Evansville. Median household income is $39,210/year higher in Austin.
How do taxes compare between Texas and Indiana?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Austin or Evansville?
It depends on your priorities. Austin has a cost index of 134 with median rent of $1,655/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 Austin details → View Evansville details →

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