Charlotte, NC vs Evansville, IN: 108 vs 57

$1,504/mo ↑ 58%

Median Rent

$949/mo ↓ 37%

$78,438/yr ↑ 50%

Median Income

$52,251/yr ↓ 33%

$351,500 ↑ 172%

Home Value

$129,100 ↓ 63%

$1,487/mo ↑ 62%

Owner Costs

$919/mo ↓ 38%

886,283

Population

116,441

Detailed Comparison

When comparing Charlotte, NC and Evansville, IN, the overall cost of living indices are 108 and 57 respectively (national median = 100). Rent is $555/month cheaper in Evansville, saving renters about $6,660/year.

Median household income is $26,187/year higher in Charlotte. Home values also differ significantly — the median in Charlotte is $351,500 compared to $129,100 in Evansville.

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

Frequently Asked Questions

Charlotte vs Evansville — common questions

Is Charlotte or Evansville cheaper to live in?

Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 108 (US average = 100).

What is the rent difference between Charlotte and Evansville?

Median rent in Charlotte is $1,504/month and in Evansville it's $949/month — a difference of $555/month.

Which city has higher income, Charlotte or Evansville?

Median household income is $78,438 in Charlotte and $52,251 in Evansville. Median household income is $26,187/year higher in Charlotte.

How do taxes compare between North Carolina and Indiana?

North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.

Should I move to Charlotte or Evansville?

It depends on your priorities. Charlotte has a cost index of 108 with median rent of $1,504/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.

Cost of Living: Charlotte, NC vs Evansville, IN (2026)

Charlotte

Evansville

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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