Carmel vs Evansville: Cost of Living Compared (2026)

Updated Jun 2026 (3 months ago) · Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Energy Information Administration

Carmel vs Evansville cost comparison with difference bars
MetricCarmelEvansvilleDifference
Rent (1BR)$1,500$806
+60%
Median household income$141,505$53,387
+90%
Grocery cost index95.595.5
Utilities (monthly)$158$158

Salary equivalent between cities

Equivalent salary needed
$85,718
Difference
$5,718