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Cost of Living in Evansville, MN

2025 Affordability Data & Housing Costs

90.9

Cost of Living Index (100 = US Average)

Moderate

Median Home Value

$145,000

Owner-occupied homes (2023 ACS)

Median Household Income

$39,063

Annual (2023 ACS)

Housing Costs

The median home value in Evansville is $145,000, which is close to the national average. The home price-to-income ratio is 3.7, indicating strong affordability.

Income & Purchasing Power

The median household income in Evansville is $39,063 annually.

Compare with Other Cities

View all cities in Minnesota

Frequently Asked Questions

What is the cost of living index in Evansville, MN?

The COL index is 90.9, which is lower than the US average of 100.

What is the median home value in Evansville?

The median home value is $145,000.

What is the median rent in Evansville?

Data not available.

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