Cost of Living: Little Rock, AR vs Evansville, IN (2026)

Little Rock

Arkansas
74
VS

Evansville

Indiana
57

Little Rock is 30% more expensive than Evansville.

$1,067/mo ↑ 12%
Median Rent
$949/mo ↓ 11%
$60,583/yr ↑ 16%
Median Income
$52,251/yr ↓ 14%
$221,200 ↑ 71%
Home Value
$129,100 ↓ 42%
$1,099/mo ↑ 20%
Owner Costs
$919/mo ↓ 16%
202,739
Population
116,441

Tax Comparison

4.4%
Income Tax
3.05%
6.5%
State Sales Tax
7.0%
0.62%
Property Tax
0.83%

Affordability

21.1%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Little Rock, AR and Evansville, IN, the overall cost of living indices are 74 and 57 respectively (national median = 100). Rent is $118/month cheaper in Evansville, saving renters about $1,416/year.

Median household income is $8,332/year higher in Little Rock. Home values also differ significantly — the median in Little Rock is $221,200 compared to $129,100 in Evansville.

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

Frequently Asked Questions

Little Rock vs Evansville — common questions

Is Little Rock or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 74 (US average = 100).
What is the rent difference between Little Rock and Evansville?
Median rent in Little Rock is $1,067/month and in Evansville it's $949/month — a difference of $118/month.
Which city has higher income, Little Rock or Evansville?
Median household income is $60,583 in Little Rock and $52,251 in Evansville. Median household income is $8,332/year higher in Little Rock.
How do taxes compare between Arkansas and Indiana?
Arkansas has 4.4% income tax, 6.5% sales tax, and 0.62% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Little Rock or Evansville?
It depends on your priorities. Little Rock has a cost index of 74 with median rent of $1,067/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 Little Rock details → View Evansville details →

More Comparisons

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