Evansville wins overall by ~18% (COL index)
Cost of living: Evansville vs Carmel (2026)
A $70,000 salary in Evansville buys roughly what $85,750 does in Carmel (COL-adjusted). Your real trade-offs are taxes, rent, and day-to-day prices — we break them down and personalize below.
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Tell us about your household — we calculate your real annual savings.
Estimated annual swing
+$7,479/yr
Favoring Evansville for this income & household (illustrative).
With the extra $623/mo, you could pay down a $15,000 card balance in ~25 months and still keep ~$75/mo for dining out.
Studio rent/mo
1BR rent/mo
2BR rent/mo
Median home price
Groceries index (100 = US avg)
Budget meal (1 person)
Mid-range dinner (2)
Monthly transit pass/mo
Gas price/gal
Car insurance/mo
Monthly utilities bundle/mo
Internet/mo
Median household income/yr
State income tax%
Sales tax (combined)%
Movie ticket
Gym membership/mo
Beer at restaurant
Overall COL index (100 = US avg)
Walk score / 100
| Category | Evansville Indiana | Carmel Indiana | Who wins | Your impact at $70K · 1br · 1 car |
|---|---|---|---|---|
| 🏠 HousingQ1 2026 | ||||
| Studio rent/mo | $800Wins | $1,150 | Evansville wins +$350/mo | $4,200/yr saves in Evansville |
| 1BR rent/mo | $990Wins | $1,450 | Evansville wins +$460/mo | $5,520/yr saves in Evansville |
| 2BR rent/mo | $1,300Wins | $1,900 | Evansville wins +$600/mo | $7,200/yr saves in Evansville |
| Median home price | $185KWins | $380K | Evansville wins +$195K | — |
| 🛒 Food & GroceriesQ1 2026 | ||||
| Groceries index (100 = US avg) | 93Better | 99 | Evansville wins +6 | — |
| Budget meal (1 person) | $11Wins | $13 | Evansville wins +$2/mo | — |
| Mid-range dinner (2) | $46Wins | $55 | Evansville wins +$9/mo | — |
| 🚌 TransportationQ1 2026 | ||||
| Monthly transit pass/mo | $40Better | $40 | — | — |
| Gas price/gal | $3.00Better | $3.05 | Evansville wins +$0.05 | — |
| Car insurance/mo | $138 | $136Better | Carmel wins −$2/mo | — |
| ⚡ UtilitiesQ1 2026 | ||||
| Monthly utilities bundle/mo | $152Better | $152 | — | — |
| Internet/mo | $58Better | $62 | Evansville wins +$4/mo | — |
| 💰 Income & TaxesQ1 2026 | ||||
| Median household income/yr | $48K | $92KWins | Carmel wins +$44K more/yr | — |
| State income tax% | 3.2%Better | 3.2% | — | — |
| Sales tax (combined)% | 7.0%Better | 7.0% | — | — |
| 🎬 LeisureQ1 2026 | ||||
| Movie ticket | $13.00Better | $14.00 | Evansville wins +$1.00 | — |
| Gym membership/mo | $30Wins | $38 | Evansville wins +$8/mo | — |
| Beer at restaurant | $4.50Wins | $6.00 | Evansville wins +$1.50 | — |
| 📊 OverviewQ1 2026 | ||||
| Overall COL index (100 = US avg) | 80Wins | 98 | Evansville wins +18 | — |
| Walk score / 100 | 28Wins | 20 | Evansville wins -8 more/yr | — |
Complete the Picture
While you’re comparing — don’t leave money on the table.
Tax-smart rewards
Maximize everyday spend in your new city
Evansville fits your move math — cash-back cards stack on groceries, gas, and dining you're already doing.
Home + auto bundle
New state — new insurance rates
Bundling often saves hundreds/yr. Compare before you sign a lease in Evansville.
High-yield savings
Park ~$5,520/yr rent savings at 4–5%+ APY
Don't let relocation cash sit at 0% — put it to work until closing day.
More ways to compare this move
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While you’re comparing — don’t leave money on the table.
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Frequently asked questions
Is Evansville cheaper than Carmel?
Yes. Evansville is 18% cheaper than Carmel based on overall cost of living indices (80 vs 98, where 100 = US average).
What is the average rent in Evansville vs Carmel?
As of Q1 2026, the median 1-bedroom rent in Evansville is $990/month and in Carmel is $1,450/month. Evansville is cheaper by 32%.
How much do I need to earn in Carmel to match a $75,000 salary in Evansville?
To maintain a similar lifestyle, you would need approximately $91,875/year in Carmel to match a $75,000 salary in Evansville. This estimate is based on overall cost of living indices and does not account for individual spending patterns.
Which city has lower taxes — Evansville or Carmel?
Carmel has the lower state income tax rate at 3.2% vs 3.2%. The difference is 0.0 percentage points. Note that sales tax and local taxes also vary — see the full breakdown in the table above.
Is it worth moving from Evansville to Carmel?
It depends on your priorities. Evansville offers lower overall costs, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.
Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS · Updated Q1 2026 · For general guidance only
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