Cost of Living: Tampa, FL vs Evansville, IN (2026)

Tampa

Florida
113
VS

Evansville

Indiana
57

Tampa is 98% more expensive than Evansville.

$1,567/mo ↑ 65%
Median Rent
$949/mo ↓ 39%
$71,302/yr ↑ 36%
Median Income
$52,251/yr ↓ 27%
$375,300 ↑ 191%
Home Value
$129,100 ↓ 66%
$1,553/mo ↑ 69%
Owner Costs
$919/mo ↓ 41%
393,389
Population
116,441

Tax Comparison

0%
Income Tax
3.05%
6.0%
State Sales Tax
7.0%
0.86%
Property Tax
0.83%

Affordability

26.4%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Tampa, FL and Evansville, IN, the overall cost of living indices are 113 and 57 respectively (national median = 100). Rent is $618/month cheaper in Evansville, saving renters about $7,416/year.

Median household income is $19,051/year higher in Tampa. Home values also differ significantly — the median in Tampa is $375,300 compared to $129,100 in Evansville.

Florida has no state income tax, giving Tampa residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Tampa vs Evansville — common questions

Is Tampa or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 113 (US average = 100).
What is the rent difference between Tampa and Evansville?
Median rent in Tampa is $1,567/month and in Evansville it's $949/month — a difference of $618/month.
Which city has higher income, Tampa or Evansville?
Median household income is $71,302 in Tampa and $52,251 in Evansville. Median household income is $19,051/year higher in Tampa.
How do taxes compare between Florida and Indiana?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Tampa or Evansville?
It depends on your priorities. Tampa has a cost index of 113 with median rent of $1,567/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 Tampa details → View Evansville details →

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