Cost of Living: Colorado Springs, CO vs Evansville, IN (2026)

Colorado Springs

Colorado
119
VS

Evansville

Indiana
57

Colorado Springs is 109% more expensive than Evansville.

$1,562/mo ↑ 65%
Median Rent
$949/mo ↓ 39%
$83,198/yr ↑ 59%
Median Income
$52,251/yr ↓ 37%
$420,700 ↑ 226%
Home Value
$129,100 ↓ 69%
$1,592/mo ↑ 73%
Owner Costs
$919/mo ↓ 42%
483,099
Population
116,441

Tax Comparison

4.4%
Income Tax
3.05%
2.9%
State Sales Tax
7.0%
0.51%
Property Tax
0.83%

Affordability

22.5%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Colorado Springs, CO and Evansville, IN, the overall cost of living indices are 119 and 57 respectively (national median = 100). Rent is $613/month cheaper in Evansville, saving renters about $7,356/year.

Median household income is $30,947/year higher in Colorado Springs. Home values also differ significantly — the median in Colorado Springs is $420,700 compared to $129,100 in Evansville.

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

Frequently Asked Questions

Colorado Springs vs Evansville — common questions

Is Colorado Springs or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 119 (US average = 100).
What is the rent difference between Colorado Springs and Evansville?
Median rent in Colorado Springs is $1,562/month and in Evansville it's $949/month — a difference of $613/month.
Which city has higher income, Colorado Springs or Evansville?
Median household income is $83,198 in Colorado Springs and $52,251 in Evansville. Median household income is $30,947/year higher in Colorado Springs.
How do taxes compare between Colorado and Indiana?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Colorado Springs or Evansville?
It depends on your priorities. Colorado Springs has a cost index of 119 with median rent of $1,562/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 Colorado Springs details → View Evansville details →

More Comparisons

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Colorado Springs vs. Omaha Colorado Springs vs. Raleigh Colorado Springs vs. Atlanta Colorado Springs vs. Long Beach Colorado Springs vs. Mesa Colorado Springs vs. Virginia Beach Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow