City Comparison

Evansville vs Knoxville

Cost of Living Comparison · 2026

Evansville

Indiana
80
Very Affordable
$170,000
Median Home
$850/mo
Median Rent
$48,600
Median Income

Knoxville

Tennessee
88
Below Average
$240,000
Median Home
$1,100/mo
Median Rent
$42,898
Median Income

The Verdict

9.1%

Evansville is 9.1% less expensive than Knoxville overall. A household earning $75,000 in Evansville would need approximately $82,500 in Knoxville to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
55
Evansville
73
Knoxville
Groceries
95
Evansville
94
Knoxville
Utilities
105
Evansville
90
Knoxville
Transportation
98
Evansville
97
Knoxville
Healthcare
105
Evansville
93
Knoxville

Salary Equivalence

A $75,000 salary in Evansville has the same purchasing power as $82,500 in Knoxville.

Conversely, $75,000 in Knoxville equals $68,182 in Evansville.

Living in Evansville vs Knoxville

Housing Costs

Evansville's housing index of 55 is lower Knoxville's 73, translating to median home prices of $170,000 vs $240,000. The $70,000 difference in home prices means roughly $4,548 per year in additional mortgage costs at current rates. Renters face a similar gap: $850/mo in Evansville compared to $1,100/mo in Knoxville, a monthly difference of $250.

Grocery & Food Costs

Grocery expenses index at 95 in Evansville and 94 in Knoxville. A household spending the national average of $475/month on groceries would pay approximately $451/month in Evansville vs $447/month in Knoxville. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 105 in Evansville and 90 in Knoxville. Monthly utility bills average approximately $420 in Evansville vs $360 in Knoxville. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 105 in Evansville and 93 in Knoxville. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 12-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $48,600 in Evansville and $42,898 in Knoxville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,750 and $48,748 respectively. Evansville residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,134/month to housing in Evansville vs $1,001/month in Knoxville. In Evansville, median rent of $850/mo fits within this budget. In Knoxville, median rent of $1,100/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 18 index points — focus your budget analysis there.

Frequently Asked Questions

Evansville is 9.1% more affordable overall with an index of 80 vs 88.
A $75,000 salary in Evansville has equivalent purchasing power to approximately $82,500 in Knoxville, based on the cost of living difference.
Evansville's housing index is 55 with median homes at $170,000, while Knoxville's is 73 with median homes at $240,000.

Moving & Relocation Resources

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