Cost of Living: Springfield, MO vs Evansville, IN (2026)

Springfield

Missouri
60
VS

Evansville

Indiana
57

Springfield is 5% more expensive than Evansville.

$920/mo ↓ 3%
Median Rent
$949/mo ↑ 3%
$45,984/yr ↓ 12%
Median Income
$52,251/yr ↑ 14%
$165,200 ↑ 28%
Home Value
$129,100 ↓ 22%
$908/mo ↓ 1%
Owner Costs
$919/mo ↑ 1%
169,432
Population
116,441

Tax Comparison

4.95%
Income Tax
3.05%
4.225%
State Sales Tax
7.0%
0.93%
Property Tax
0.83%

Affordability

24.0%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Springfield, MO and Evansville, IN, the overall cost of living indices are 60 and 57 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $6,267/year higher in Evansville. Home values also differ significantly — the median in Springfield is $165,200 compared to $129,100 in Evansville.

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

Frequently Asked Questions

Springfield vs Evansville — common questions

Is Springfield or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 60 (US average = 100).
What is the rent difference between Springfield and Evansville?
Median rent in Springfield is $920/month and in Evansville it's $949/month — a difference of $29/month.
Which city has higher income, Springfield or Evansville?
Median household income is $45,984 in Springfield and $52,251 in Evansville. Median household income is $6,267/year higher in Evansville.
How do taxes compare between Missouri and Indiana?
Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Springfield or Evansville?
It depends on your priorities. Springfield has a cost index of 60 with median rent of $920/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 Springfield details → View Evansville details →

More Comparisons

Other cost of living comparisons for Springfield and Evansville

Springfield vs. Fort Collins Springfield vs. Palmdale Springfield vs. Lancaster Springfield vs. Salinas Springfield vs. Pembroke Pines Springfield vs. Hayward Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow