Colorado Springs vs Evansville for Families (2026)

Better for families: Evansville~16% cheaper overall
2BR Rent / month
$2,000
Colorado Springs
$1,300
Evansville
Median Home Price
$400K
Colorado Springs
$185K
Evansville
Household Income / yr
$68K
Colorado Springs
$48K
Evansville
State Income Tax
4.4%
Colorado Springs
3.2%
Evansville

Scroll down for childcare estimates, home price-to-income ratios, and FAQ.

Full family cost breakdown

Metric
Colorado Springs
Colorado
Evansville
Indiana
Studio rent / month$1,200$800Better
2BR rent / month$2,000$1,300Better
Median home price$400K$185KBetter
Median household income$68KBetter$48K
Est. childcare / month$1,235$1,040Better
State income tax4.4%3.2%Better
Sales tax (combined)8%7%Better
Monthly utilities$145Better$152
Groceries index (US = 100)9893Better

Frequently asked questions

Which city is better for raising a family — Colorado Springs or Evansville?

Based on housing costs, income, taxes, and overall affordability, Evansville scores better for families. 2-bedroom rent is $1,300/mo in Evansville vs $2,000/mo. Evansville is approximately 16% cheaper overall. That said, both cities have strong family communities — the right choice depends on your career, lifestyle, and proximity to family.

What is the average 2-bedroom rent in Colorado Springs vs Evansville?

As of Q1 2026, median 2BR rent is $2,000/month in Colorado Springs and $1,300/month in Evansville. Evansville is 35% cheaper for a family-sized apartment.

Can a family afford to buy a home in Colorado Springs or Evansville?

The price-to-income ratio in Colorado Springs is 5.9× ($400K median home, $68K median income). In Evansville it's 3.9× ($185K home, $48K income). A ratio below 3× is generally considered affordable — Evansville is more achievable for first-time family homebuyers.

How much does childcare cost in Colorado Springs vs Evansville?

Estimated infant/toddler childcare runs approximately $1,235/month in Colorado Springs and $1,040/month in Evansville, based on national averages scaled by each city's cost-of-living index. Annual childcare cost difference: ~$2,340/year.

Which city has lower taxes for families?

Colorado Springs has a 4.4% state income tax rate vs Evansville's 3.2% rate. For a dual-income family earning $120K combined, that difference is roughly $120/month in take-home pay.

Salary equivalent

$100K in Colorado Springs has the same purchasing power as $84K in Evansville

Related comparisons

Childcare estimates based on national avg scaled by COL index · Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026