College Costs in Evansville, IN 2026
Compare tuition, housing, and financial aid across 10 colleges in Evansville, Indiana. Use our free calculator to estimate your total cost.
Avg Public Tuition
$8,448
per year
Avg Private Tuition
$42,316
per year
Avg Rent Near Campus
$974
per month
Colleges & Universities
10
institutions
Evansville Overview
Population
117,298
Student Population
6,663 (5.7%)
Cost of Living Index
86 (avg: 100)
Walk Score
46/100
Transit Score
34/100
Unemployment Rate
4.8%
College Cost Calculator for Evansville
Cost Inputs
Total Cost (4 Years, Public In-State)
$79,492
Total After Financial Aid
$79,492
Annual Cost
$19,873
Annual After Aid
$19,873
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $79,492 |
| Monthly Payment | $903 |
| Total Interest | $28,822 |
| Total Loan Cost | $108,314 |
Universities in Evansville
| University | Type | Annual Tuition |
|---|---|---|
| University of Evansville | Private | $42,316 |
| University of Southern Indiana | Public | $8,448 |
| Ivy Tech Community College Evansville | Community | $4,540 |
Evansville has 10 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Evansville vs. National Average
| Category | Evansville | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $8,448 | $10,940 | -$2,492 |
| Monthly Rent Near Campus | $974 | $1,050 | -$76 |
| Cost of Living Index | 86 | 100 | -14 |
Evansville's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Evansville
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
6,663 students
Evansville has a total population of 117,298, with approximately 6,663 college students (5.7% of the population). While not primarily a college town, Evansville offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.
Post-Graduation Outlook in Evansville
$52,737
Starting Salary
4.8%
Unemployment Rate
57%
Graduation Rate
~4 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Evansville earn a median starting salary of $52,737, which is $17,737 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $79,492 (including room and board), it would take approximately 4 years of the salary premium to recoup the investment. With average financial aid of $12,482 per student per year, the net cost and payback period can be significantly reduced.
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