Cost of Living: New York, NY vs Evansville, IN (2026)

New York

New York
166
VS

Evansville

Indiana
57

New York is 191% more expensive than Evansville.

$1,779/mo ↑ 87%
Median Rent
$949/mo ↓ 47%
$79,713/yr ↑ 53%
Median Income
$52,251/yr ↓ 34%
$751,700 ↑ 482%
Home Value
$129,100 ↓ 83%
$1,837/mo ↑ 100%
Owner Costs
$919/mo ↓ 50%
8,516,202
Population
116,441

Tax Comparison

10.9%
Income Tax
3.05%
4.0%
State Sales Tax
7.0%
1.62%
Property Tax
0.83%

Affordability

26.8%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing New York, NY and Evansville, IN, the overall cost of living indices are 166 and 57 respectively (national median = 100). Rent is $830/month cheaper in Evansville, saving renters about $9,960/year.

Median household income is $27,462/year higher in New York. Home values also differ significantly — the median in New York is $751,700 compared to $129,100 in Evansville.

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

Frequently Asked Questions

New York vs Evansville — common questions

Is New York or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 166 (US average = 100).
What is the rent difference between New York and Evansville?
Median rent in New York is $1,779/month and in Evansville it's $949/month — a difference of $830/month.
Which city has higher income, New York or Evansville?
Median household income is $79,713 in New York and $52,251 in Evansville. Median household income is $27,462/year higher in New York.
How do taxes compare between New York and Indiana?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to New York or Evansville?
It depends on your priorities. New York has a cost index of 166 with median rent of $1,779/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 New York details → View Evansville details →

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