Miami, FL vs Evansville, IN: 129 vs 57

$1,657/mo ↑ 75%

Median Rent

$949/mo ↓ 43%

$59,390/yr ↑ 14%

Median Income

$52,251/yr ↓ 12%

$475,200 ↑ 268%

Home Value

$129,100 ↓ 73%

$1,666/mo ↑ 81%

Owner Costs

$919/mo ↓ 45%

446,663

Population

116,441

Detailed Comparison

When comparing Miami, FL and Evansville, IN, the overall cost of living indices are 129 and 57 respectively (national median = 100). Rent is $708/month cheaper in Evansville, saving renters about $8,496/year.

Median household income is $7,139/year higher in Miami. Home values also differ significantly — the median in Miami is $475,200 compared to $129,100 in Evansville.

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

Frequently Asked Questions

Miami vs Evansville — common questions

Is Miami or Evansville cheaper to live in?

Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 129 (US average = 100).

What is the rent difference between Miami and Evansville?

Median rent in Miami is $1,657/month and in Evansville it's $949/month — a difference of $708/month.

Which city has higher income, Miami or Evansville?

Median household income is $59,390 in Miami and $52,251 in Evansville. Median household income is $7,139/year higher in Miami.

How do taxes compare between Florida and Indiana?

Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.

Should I move to Miami or Evansville?

It depends on your priorities. Miami has a cost index of 129 with median rent of $1,657/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: Miami, FL vs Evansville, IN (2026)

Miami

Evansville

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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