Bloomington, IN vs Evansville, IN
There is a significant gap in the cost of living between these two cities. Evansville is 29.3% cheaper than Bloomington. With a cost index of 71 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Evansville to Bloomington should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bloomington is $1,160/month compared to $949/month in Evansville — a 22% difference. Home values follow the same pattern: Evansville is more affordable at $129,100 median vs $289,700.
Median household income in Bloomington is $48,918 compared to $52,251 in Evansville (-6.4%). Evansville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bloomington spend roughly 28.5% of their income on rent, more than the 21.8% in Evansville.
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