Evansville Offers Comfortable — and Budget-Friendly — Retirement

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evansvilleEditor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list.

Not everyone can spend $1 million or more on a second home, even if it’s with the idea that eventually you’ll retire there. So when MoneyWise’s list of 40 places to retire that are more budget-friendly came out, we were curious — what kind of homes could you find in these towns?

Last week, we looked at the 31st city on the list — Mobile, Alabama. This week, we look at Evansville, Indiana, and found three great homes — all for less than $500,000.

“This is a fairly small city with a population of approximately 120,000, and the cost of living is very low,” MoneyWise said. “An income of $35,000 will get you a comfortable lifestyle here. The climate is subtropical, meaning that summers are hot but winters are blissfully mild.”

“With more than 15 healthcare centers in the city, you’ll have peace of mind and all the doctors and hospitals you’ll need in your old age.”

Want to see examples of what you can find in Evansville? Head to SecondShelters.com.

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Bethany Erickson

Bethany Erickson lives in a 1961 Fox and Jacobs home with her husband, a second-grader, and Conrad Bain the dog. If she won the lottery, she'd by an E. Faye Jones home. She's taken home a few awards for her writing, including a Gold award for Best Series at the 2018 National Association of Real Estate Editors journalism awards, a 2018 Hugh Aynesworth Award for Editorial Opinion from the Dallas Press Club, and a 2019 award from NAREE for a piece linking Medicaid expansion with housing insecurity. She is a member of the Online News Association, the Education Writers Association, the International Academy of Digital Arts and Sciences, and the Society of Professional Journalists. She doesn't like lima beans or the word moist.

Reader Interactions


  1. mmJon Anderson says

    Having lived a few years in Evansville, I will give you it’s unofficial motto, “Two hours from everywhere on the road to nowhere” – Roughly 2 hours got you to Indianapolis, Louisville, Nashville and St. Louis. About 5-6 hours to Chicago.
    If anyone goes, bring me back a stromboli from Pizza King on Weinbach Avenue.

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