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Manufacturing costs in Evansville, IN-KY

Evansville, IN-KY ranks 74 of 100 U.S. metros by estimated manufacturing energy use. Industrial power in Indiana costs 9.28 ¢/kWh, +3.3% from a year earlier, and consumer prices in the Midwest, size B/C index are +4.8% from a year earlier.

By Sam Strong, VP Business Development · Reviewed by Tara Dugger, COO · Data from FRED, BLS and EIA · Updated Nov 11, 2026

Rank by manufacturing energy use
74 of 100
Estimated manufacturing energy use
24.7 trillion Btu a year
Electricity
1,600 GWh a year (estimate)
Natural gas
19.1 million Dth a year (estimate)
Manufacturing jobs, 2024
17,630
Estimate confidence
Medium
Indiana industrial power, Aug 2026
9.28 ¢/kWh (+3.3% from a year earlier)
Indiana citygate gas, Mar to Aug 2026
$3.91 per Mcf (6 months reported)
Inflation, Midwest, size B/C, Sep 2026
+4.8% from a year earlier; +10.5% over three years

Inflation in Midwest, size B/C

  • Midwest, size B/C
  • U.S. city average
Inflation in Midwest, size B/C versus the U.S. city averageTwelve-month change in consumer prices for Midwest, size B/C and the U.S. city average, 2018 to Oct 2026.-2%0%+2%+4%+6%+8%+10%20182020202220242026Midwest, size B/CU.S. city averageInflation in Midwest, size B/C versus the U.S. city averageTwelve-month change in consumer prices for Midwest, size B/C and the U.S. city average, 2018 to Oct 2026.-2%0%+2%+4%+6%+8%+10%20182020202220242026Midwest, size B/CU.S. city average

Industrial electricity in Indiana

  • Indiana industrial
Industrial electricity price in IndianaAverage industrial electricity price in Indiana, cents per kWh, monthly from EIA.6¢7¢8¢9¢10¢201620182020202220242026Indiana industrialIndustrial electricity price in IndianaAverage industrial electricity price in Indiana, cents per kWh, monthly from EIA.6¢7¢8¢9¢10¢201620182020202220242026Indiana industrial

Indiana power and gas

Other Indiana metros in the index

National cost drivers

WTI crude +67.6%, Henry Hub gas −6.3%, chemical producer prices +6.6% and industrial electricity producer prices +4.1% from a year earlier. See the full index.

Questions

Questions about Evansville.

What the index measures, where the numbers come from, and how Discovery Energy checks energy bills against them.

How much energy do manufacturers use in Evansville?

Discovery Energy estimates that manufacturers in the Evansville, IN-KY metro use about 24.7 trillion Btu of electricity and natural gas a year, rank 74 of the 100 largest U.S. manufacturing energy metros.

What do manufacturers pay for electricity in Evansville?

The average industrial electricity price in Indiana was 9.28 cents per kWh in Aug 2026, +3.3% from a year earlier, according to EIA. Actual rates depend on the utility, tariff and load profile.

How fast are prices rising in Evansville?

Consumer prices in the Midwest, size B/C index rose +4.8% over the latest twelve months reported by BLS. Nationally, crude oil is +68% and chemical producer prices +6.6% from a year earlier.

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