Evansville, IN vs Fort Wayne, IN
Evansville, IN and Fort Wayne, IN have a very similar cost of living, with only a 4.8% difference in their overall index. Evansville scores 71 while Fort Wayne scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Evansville is $949/month compared to $959/month in Fort Wayne — a 1% difference. Home values follow the same pattern: Evansville is more affordable at $129,100 median vs $169,700.
Median household income in Evansville is $52,251 compared to $60,293 in Fort Wayne (-13.3%). While Fort Wayne is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Evansville spend roughly 21.8% of their income on rent, more than the 19.1% in Fort Wayne.
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