CostIndexUSA

Evansville, IN vs Jonesboro, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IN
Evansville
91.5
overall index
$1,050/mo rent
More AffordableAR
Jonesboro
85.9
overall index
$1,325/mo rent

Jonesboro is moderately cheaper than Evansville — 6.1% lower overall cost of living.

To match an $80,000 salary in Evansville, you would need $75,100 in Jonesboro. Calculate your salary ↓

Category Breakdown

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

🏠 Housing19.3%
Evansville
66.7
Jonesboro
53.8
🛒 Groceries0.7%
Evansville
94.3
Jonesboro
93.6
🚗 Transportation3.8%
Evansville
104.1
Jonesboro
100.1
🏥 Healthcare3.9%
Evansville
94.2
Jonesboro
90.5
Utilities13.5%
Evansville
86.7
Jonesboro
75

Salary Equivalency Calculator

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

$
Equivalent salary in Jonesboro, AR
$75,100
$4,900 less needed in Jonesboro

Formula: salary × (85.9 ÷ 91.5) = salary × 0.9388. Based on BEA Regional Price Parities.

Housing Market

Evansville, IN

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

Jonesboro, AR

Median Home Price
$196,000
Median Monthly Rent
$1,325
Housing Index
53.8
Price-to-Rent Ratio
12.3×

Evansville has 19.3% lower housing costs compared to Jonesboro.

Income & Job Market

Evansville, IN

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

Jonesboro, AR

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
5.1%
Population
77,678
Top Industries
HealthcareEducationManufacturingRetailAgriculture

Affordability at a Glance

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

Evansville, IN
5.2×income-to-rent ratio

81% of income left after rent (median)

Jonesboro, AR
3.7×income-to-rent ratio

73% 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.