Cost of Living: Elizabeth, NJ vs Evansville, IN (2026)

Elizabeth

New Jersey
112
VS

Evansville

Indiana
57

Elizabeth is 96% more expensive than Evansville.

$1,463/mo ↑ 54%
Median Rent
$949/mo ↓ 35%
$63,874/yr ↑ 22%
Median Income
$52,251/yr ↓ 18%
$393,500 ↑ 205%
Home Value
$129,100 ↓ 67%
$1,543/mo ↑ 68%
Owner Costs
$919/mo ↓ 40%
135,887
Population
116,441

Tax Comparison

10.75%
Income Tax
3.05%
6.625%
State Sales Tax
7.0%
2.23%
Property Tax
0.83%

Affordability

27.5%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Elizabeth, NJ and Evansville, IN, the overall cost of living indices are 112 and 57 respectively (national median = 100). Rent is $514/month cheaper in Evansville, saving renters about $6,168/year.

Median household income is $11,623/year higher in Elizabeth. Home values also differ significantly — the median in Elizabeth is $393,500 compared to $129,100 in Evansville.

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

Frequently Asked Questions

Elizabeth vs Evansville — common questions

Is Elizabeth or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 112 (US average = 100).
What is the rent difference between Elizabeth and Evansville?
Median rent in Elizabeth is $1,463/month and in Evansville it's $949/month — a difference of $514/month.
Which city has higher income, Elizabeth or Evansville?
Median household income is $63,874 in Elizabeth and $52,251 in Evansville. Median household income is $11,623/year higher in Elizabeth.
How do taxes compare between New Jersey and Indiana?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Elizabeth or Evansville?
It depends on your priorities. Elizabeth has a cost index of 112 with median rent of $1,463/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 Elizabeth details → View Evansville details →

More Comparisons

Other cost of living comparisons for Elizabeth and Evansville

Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow