Cost of Living: Montgomery, AL vs Evansville, IN (2026)

Montgomery

Alabama
64
VS

Evansville

Indiana
57

Montgomery is 12% more expensive than Evansville.

$1,059/mo ↑ 12%
Median Rent
$949/mo ↓ 10%
$55,687/yr ↑ 7%
Median Income
$52,251/yr ↓ 6%
$148,500 ↑ 15%
Home Value
$129,100 ↓ 13%
$1,023/mo ↑ 11%
Owner Costs
$919/mo ↓ 10%
198,440
Population
116,441

Tax Comparison

5.0%
Income Tax
3.05%
4.0%
State Sales Tax
7.0%
0.41%
Property Tax
0.83%

Affordability

22.8%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Montgomery, AL and Evansville, IN, the overall cost of living indices are 64 and 57 respectively (national median = 100). Rent is $110/month cheaper in Evansville, saving renters about $1,320/year.

Median household income is $3,436/year higher in Montgomery. Home values also differ significantly — the median in Montgomery is $148,500 compared to $129,100 in Evansville.

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

Frequently Asked Questions

Montgomery vs Evansville — common questions

Is Montgomery or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 64 (US average = 100).
What is the rent difference between Montgomery and Evansville?
Median rent in Montgomery is $1,059/month and in Evansville it's $949/month — a difference of $110/month.
Which city has higher income, Montgomery or Evansville?
Median household income is $55,687 in Montgomery and $52,251 in Evansville. Median household income is $3,436/year higher in Montgomery.
How do taxes compare between Alabama and Indiana?
Alabama has 5.0% income tax, 4.0% sales tax, and 0.41% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Montgomery or Evansville?
It depends on your priorities. Montgomery has a cost index of 64 with median rent of $1,059/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 Montgomery details → View Evansville details →

More Comparisons

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Montgomery vs. Grand Prairie Montgomery vs. Grand Rapids Montgomery vs. Sunrise Manor Montgomery vs. Sioux Falls Montgomery vs. Birmingham Montgomery vs. Overland Park Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow