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Nursing Degree in Evansville, IN — Salary & ROI 2026

Nursing degree analysis for Evansville, IN. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$58K

COL-adjusted

Mid-Career

$71K

COL-adjusted

ROI Payback

2.8 yrs

in Evansville

Cost of Living

86

index (100 = avg)

Nursing in Evansville, IN Overview

Evansville, Indiana (pop. 117,298) has 10 colleges offering Nursing programs. The local cost of living index of 86 keeps student expenses low, with average rent near campus at $974/month. Nursing has seen growing enrollment nationally, reflecting rising employer demand for Patient Care and Clinical Assessment skills. The adjusted starting salary in Evansville is approximately $58,480.

Category

Healthcare

Local Colleges

10

Public Tuition

$8,448/yr

Private Tuition

$42,316/yr

Room & Board

$11,425/yr

Avg Fin. Aid

$12,482/yr

Unemployment

4.8%

Graduation Rate

57%

Nursing Salary in Evansville (COL-Adjusted)

Salaries adjusted for Evansville's cost of living index of 86 (national average = 100).

Entry Level (0-2 yrs)
$58,480($-9,520 vs national)
Mid Career (5-9 yrs)
$70,520($-11,480 vs national)
Senior Level (15+ yrs)
$81,700($-13,300 vs national)

Note: National average Nursing salary: $68,000 starting, $82,000 mid-career, $95,000 senior level.Evansville adjustment factor: 0.86x based on the local cost of living index.

Nursing ROI Calculator for Evansville

Estimate your return on investment for a Nursing degree using local Evansville tuition and cost of living data.

Public avg: $8,448 | Private avg: $42,316

Evansville avg aid: $12,482/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$79,492

tuition + room & board - aid

Annual Earnings Premium

$28,380

vs HS diploma in Evansville

ROI Payback Period

2.8 years

to break even

Lifetime Return in Evansville

$522,508

Lifetime earnings premium ($602,000) minus total education cost ($79,492)

Student Loan Payoff for Nursing in Evansville

Standard Plan (10 years)

Loan Amount$79,492
Monthly Payment$903
Total Interest$28,822
% of Monthly Income19%

Aggressive Plan (5 years)

Loan Amount$79,492
Monthly Payment$1,555
Total Interest$13,829
Interest Savings$14,993

Colleges in Evansville for Nursing

University of Evansville

private

$42,316/yr

$169,264 total

University of Southern Indiana

public

$8,448/yr

$33,792 total

Community Colleges (2-Year Transfer)

Ivy Tech Community College Evansville

$4,540/yr

Top Employers for Nursing in Evansville

Evansville offers opportunities in Hospitals, Medical centers, Private practices for Nursing graduates. National top employers in this field include:

HCA HealthcareKaiser PermanenteMayo ClinicCleveland ClinicVA Hospitals

Key Evansville Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Nursing Job Titles

Registered NurseNurse PractitionerClinical Nurse Specialist

Nursing Degree in Evansville — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Nursing ROI in other cities, or explore other majors in Evansville.

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