Cost of Living Index
The Cost of Living in the Evansville Region is lower than the national average. Both residents and businesses can get more for their money in the Evansville area. Transportation, utilities, healthcare and food are substantially below the national average in the Evansville area.
| Metro Area |
Composite Index |
Grocery |
Housing |
Utilities |
Trans. |
Health |
Misc. |
| Chicago, IL |
109.8 |
103.5 |
124 |
109.8 |
110.5 |
108.8 |
100.7 |
| Denver, CO |
103.4 |
103.5 |
107.9 |
102.3 |
99.2 |
107.5 |
100.7 |
| Richmond, VA |
108.3 |
98.2 |
115.6 |
105.2 |
105.4 |
110.7 |
107.8 |
| Cleveland, OH |
97.8 |
107.6 |
88.1 |
110.9 |
97.3 |
101 |
98.1 |
| Grand Rapids, MI |
108.1 |
112.3 |
107 |
124.1 |
96 |
96.8 |
107.6 |
| St. Louis, MO |
98 |
112.7 |
93.1 |
101.9 |
94.1 |
96.1 |
96.8 |
| Indianapolis MSA, IN |
97.6 |
101.4 |
99.9 |
97.8 |
99.2 |
95.1 |
94.1 |
| Evansville, IN-KY Metro |
95.2 |
101.1 |
83.5 |
122.8 |
89.6 |
92.1 |
96.4 |
| Source: ACCRA Cost of Living Index, 4th Qtr. 2006 |
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Evansville Ranks #1 for Relocating Families!
Modeled after the popular “Best Places to Live” studies, Worldwide ERC and Primacy have teamed with Sperling’s Best Places to rate cities based on those factors that determine the likelihood of a successful relocation. In Medium Markets (metro areas with populations between 250,000 – 500,000) Evansville is ranked #1 for 2007.
Ratings were based on traditional factors such as tax rates, average home cost, and home appreciation combined with cost of living and quality of life variables. Subtle indicators which were also included, such as in-depth climate analysis, helps identify cities where mild summers, mild winters, and plentiful rainfall contribute to reasonable utility costs.
The final rankings represent the most sophisticated comparative research ever undertaken to determine how geography affects a family’s relocation success.
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