Cost of Living: Phoenix, AZ vs Evansville, IN (2026)

Phoenix

Arizona
109
VS

Evansville

Indiana
57

Phoenix is 91% more expensive than Evansville.

$1,458/mo ↑ 54%
Median Rent
$949/mo ↓ 35%
$77,041/yr ↑ 47%
Median Income
$52,251/yr ↓ 32%
$381,900 ↑ 196%
Home Value
$129,100 ↓ 66%
$1,430/mo ↑ 56%
Owner Costs
$919/mo ↓ 36%
1,624,832
Population
116,441

Tax Comparison

2.5%
Income Tax
3.05%
5.6%
State Sales Tax
7.0%
0.62%
Property Tax
0.83%

Affordability

22.7%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Phoenix, AZ and Evansville, IN, the overall cost of living indices are 109 and 57 respectively (national median = 100). Rent is $509/month cheaper in Evansville, saving renters about $6,108/year.

Median household income is $24,790/year higher in Phoenix. Home values also differ significantly — the median in Phoenix is $381,900 compared to $129,100 in Evansville.

Arizona has a lower income tax rate, making Phoenix slightly more tax-friendly.

Frequently Asked Questions

Phoenix vs Evansville — common questions

Is Phoenix or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 109 (US average = 100).
What is the rent difference between Phoenix and Evansville?
Median rent in Phoenix is $1,458/month and in Evansville it's $949/month — a difference of $509/month.
Which city has higher income, Phoenix or Evansville?
Median household income is $77,041 in Phoenix and $52,251 in Evansville. Median household income is $24,790/year higher in Phoenix.
How do taxes compare between Arizona and Indiana?
Arizona has 2.5% income tax, 5.6% 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 Phoenix or Evansville?
It depends on your priorities. Phoenix has a cost index of 109 with median rent of $1,458/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 Phoenix details → View Evansville details →

More Comparisons

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