Cost of Living: Raleigh, NC vs Evansville, IN (2026)

Raleigh

North Carolina
110
VS

Evansville

Indiana
57

Raleigh is 93% more expensive than Evansville.

$1,468/mo ↑ 55%
Median Rent
$949/mo ↓ 35%
$82,424/yr ↑ 58%
Median Income
$52,251/yr ↓ 37%
$377,800 ↑ 193%
Home Value
$129,100 ↓ 66%
$1,487/mo ↑ 62%
Owner Costs
$919/mo ↓ 38%
470,763
Population
116,441

Tax Comparison

4.5%
Income Tax
3.05%
4.75%
State Sales Tax
7.0%
0.8%
Property Tax
0.83%

Affordability

21.4%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Raleigh, NC and Evansville, IN, the overall cost of living indices are 110 and 57 respectively (national median = 100). Rent is $519/month cheaper in Evansville, saving renters about $6,228/year.

Median household income is $30,173/year higher in Raleigh. Home values also differ significantly — the median in Raleigh is $377,800 compared to $129,100 in Evansville.

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

Frequently Asked Questions

Raleigh vs Evansville — common questions

Is Raleigh or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 110 (US average = 100).
What is the rent difference between Raleigh and Evansville?
Median rent in Raleigh is $1,468/month and in Evansville it's $949/month — a difference of $519/month.
Which city has higher income, Raleigh or Evansville?
Median household income is $82,424 in Raleigh and $52,251 in Evansville. Median household income is $30,173/year higher in Raleigh.
How do taxes compare between North Carolina and Indiana?
North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Raleigh or Evansville?
It depends on your priorities. Raleigh has a cost index of 110 with median rent of $1,468/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 Raleigh details → View Evansville details →

More Comparisons

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