CostIndexUSA

Champaign, IL vs Evansville, IN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Champaign
92.7
overall index
$1,275/mo rent
More AffordableIN
Evansville
91.5
overall index
$1,050/mo rent

Evansville is slightly cheaper than Champaign — 1.3% lower overall cost of living.

To match an $80,000 salary in Champaign, you would need $79,000 in Evansville. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing6.8%
Champaign
71.6
Evansville
66.7
🛒 Groceries+0.7%
Champaign
93.6
Evansville
94.3
🚗 Transportation≈ Equal
Champaign
104.6
Evansville
104.1
🏥 Healthcare≈ Equal
Champaign
94.6
Evansville
94.2
Utilities4.2%
Champaign
90.5
Evansville
86.7

Salary Equivalency Calculator

Enter your current salary in Champaign to see what you'd need to earn in Evansville to maintain the same purchasing power.

$
Equivalent salary in Evansville, IN
$79,000
$1,000 less needed in Evansville

Formula: salary × (91.5 ÷ 92.7) = salary × 0.9871. Based on BEA Regional Price Parities.

Housing Market

Champaign, IL

Median Home Price
$224,000
Median Monthly Rent
$1,275
Housing Index
71.6
Price-to-Rent Ratio
14.6×

Evansville, IN

Median Home Price
$214,000
Median Monthly Rent
$1,050
Housing Index
66.7
Price-to-Rent Ratio
17.0×

Champaign has 6.8% lower housing costs compared to Evansville.

Income & Job Market

Champaign, IL

Median Household Income
$62,100
Per Capita Income
$35,400
Unemployment Rate
3.4%
Population
88,302
Top Industries
EducationHealthcareTechnologyAgricultureRetail

Evansville, IN

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
3.4%
Population
118,414
Top Industries
HealthcareManufacturingFinanceRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Champaign, IL
4.1×income-to-rent ratio

75% of income left after rent (median)

Evansville, IN
5.2×income-to-rent ratio

81% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.