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

Paterson

New Jersey
106
VS

Evansville

Indiana
57

Paterson is 86% more expensive than Evansville.

$1,457/mo ↑ 54%
Median Rent
$949/mo ↓ 35%
$53,766/yr ↑ 3%
Median Income
$52,251/yr ↓ 3%
$335,400 ↑ 160%
Home Value
$129,100 ↓ 62%
$1,553/mo ↑ 69%
Owner Costs
$919/mo ↓ 41%
157,660
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

32.5%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Paterson, NJ and Evansville, IN, the overall cost of living indices are 106 and 57 respectively (national median = 100). Rent is $508/month cheaper in Evansville, saving renters about $6,096/year.

Median household income is $1,515/year higher in Paterson. Home values also differ significantly — the median in Paterson is $335,400 compared to $129,100 in Evansville.

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

Frequently Asked Questions

Paterson vs Evansville — common questions

Is Paterson or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 106 (US average = 100).
What is the rent difference between Paterson and Evansville?
Median rent in Paterson is $1,457/month and in Evansville it's $949/month — a difference of $508/month.
Which city has higher income, Paterson or Evansville?
Median household income is $53,766 in Paterson and $52,251 in Evansville. Median household income is $1,515/year higher in Paterson.
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 Paterson or Evansville?
It depends on your priorities. Paterson has a cost index of 106 with median rent of $1,457/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 Paterson details → View Evansville details →

More Comparisons

Other cost of living comparisons for Paterson and Evansville

Paterson vs. Corona Paterson vs. Murfreesboro Paterson vs. Hayward Paterson vs. Alexandria Paterson vs. Salinas Paterson vs. Macon Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow