Indiana · Census, HUD and BEA figures · Updated

Cost of Living in Vanderburgh County, IN

Prices around Vanderburgh County, IN run 8.5% below the U.S. average (BEA, the metro area). The typical household there earns $61,648 a year, and HUD puts a two-bedroom at $1,113 a month. Keeping that rent under 30% of income takes about $44,520 a year.

Vanderburgh County, IN at a glance

Median household income

$61,648$5,137 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,113HUD FY2026 Fair Market Rent
Price level (U.S. = 100)91.5-8.5% · BEA, the metro area
Electricity17.5¢per kWh · EIA Residential IN
Population180,117Census ACS 5-year estimate

How much rent can you afford in Vanderburgh County, IN?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,113Monthly market rent
Share of gross income21.7%Recommended max: 30%
Annual income needed$44,520To meet the 30% standard
Max affordable rent$1,541At 30% of $61,648
0%30% (Affordability standard)100%
Compare against:

How much is rent in Vanderburgh County, IN? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Evansville, IN MSA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Vanderburgh County, IN, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$853$10,236$34,12016.6%
1-Bedroom Apartment$860$10,320$34,40016.7%
2-Bedroom ApartmentBenchmark$1,113$13,356$44,52021.7%
3-Bedroom Home$1,370$16,440$54,80026.7%
4-Bedroom Home$1,539$18,468$61,56030%

Rent in Vanderburgh County, IN, with the wage each unit needs →

What a typical income covers in Vanderburgh County, IN

The 50/30/20 rule applied to the local median of $61,648 a year ($5,137 a month before tax).

Needs (50%)$2,569/moRent ($1,113 2-BR), utilities (~$158/mo), groceries, transit
Wants (30%)$1,541/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,027/moEmergency fund, retirement, paying down loans

What $61,648 leaves after Indiana taxes

Federal income tax, Social Security, Medicare and Indiana tax on the local median income. Change the salary to see yours.

$61,648
$20,000$125,000
Filing status:
Gross salary breakdown$61,648
Net 81%
Fed 8%
IN 3%
FICA 8%
Annual take-home$49,925After all taxes
Monthly deposit$4,160Estimated per month
Biweekly paycheck$1,920Every 2 weeks (26/yr)
Effective tax rate19%Total tax burden
Federal income tax$5,218 / yr
Indiana state income tax$1,789 / yr
FICA (Social Security & Medicare)$4,716 / yr

Living in Vanderburgh County, IN: common questions

What is the median household income in Vanderburgh County, IN?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Vanderburgh County, IN is $61,648 per year (approximately $5,137 per month).

What is the average rent in Vanderburgh County, IN?

The closest official figure is HUD's Fair Market Rent for 2026: $853 for a studio, $860 for one bedroom, $1,113 for two, $1,370 for three and $1,539 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Vanderburgh County, IN expensive to live in?

Prices there run 8.5% below the U.S. average. BEA's regional price parity for the metro area is 91.5, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Vanderburgh County, IN?

To keep a $1,113 two-bedroom under 30% of gross income, a household needs about $44,520 a year, or $3,710 a month. That is 72% of what the typical household in Vanderburgh County, IN earns.

How much do you need to live comfortably in Vanderburgh County, IN?

On the local median income of $61,648 ($5,137 a month before tax), the 50/30/20 rule leaves $2,569 a month for needs like rent, utilities and groceries, $1,541 for everything else and $1,027 for savings or debt. A two-bedroom at $1,113 takes 43% of the needs share.

How much is the electric bill in Vanderburgh County, IN?

Homes in Indiana paid 17.5¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $158. Your bill depends mostly on heating and cooling.