City Comparison

Boulder vs Evansville

Cost of Living Comparison · 2026

Boulder

Colorado
148
Expensive
$750,000
Median Home
$2,300/mo
Median Rent
$73,123
Median Income

Evansville

Indiana
80
Very Affordable
$170,000
Median Home
$850/mo
Median Rent
$48,600
Median Income

The Verdict

85.0%

The cost gap between these cities is 85.0%, with Evansville being the more affordable option. A $75,000 income in Boulder has equivalent purchasing power to $40,541 in Evansville.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
230
Boulder
55
Evansville
Groceries
107
Boulder
95
Evansville
Utilities
94
Boulder
105
Evansville
Transportation
103
Boulder
98
Evansville
Healthcare
104
Boulder
105
Evansville

Salary Equivalence

A $75,000 salary in Boulder has the same purchasing power as $40,541 in Evansville.

Conversely, $75,000 in Evansville equals $138,750 in Boulder.

Living in Boulder vs Evansville

Housing Costs

Boulder's housing index of 230 is higher Evansville's 55, translating to median home prices of $750,000 vs $170,000. The $580,000 difference in home prices means roughly $37,704 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,300/mo in Boulder compared to $850/mo in Evansville, a monthly difference of $1,450.

Grocery & Food Costs

Grocery expenses index at 107 in Boulder and 95 in Evansville. A household spending the national average of $475/month on groceries would pay approximately $508/month in Boulder vs $451/month in Evansville. Evansville offers a meaningful advantage on everyday food costs, saving roughly $684/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 94 in Boulder and 105 in Evansville. Monthly utility bills average approximately $376 in Boulder vs $420 in Evansville. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 104 in Boulder and 105 in Evansville. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $73,123 in Boulder and $48,600 in Evansville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $49,407 and $60,750 respectively. Evansville residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,706/month to housing in Boulder vs $1,134/month in Evansville. In Boulder, median rent of $2,300/mo exceeds this threshold, suggesting renters may feel stretched. In Evansville, median rent of $850/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 175 index points — focus your budget analysis there.

Frequently Asked Questions

Evansville is 85.0% more affordable overall with an index of 80 vs 148.
A $75,000 salary in Boulder has equivalent purchasing power to approximately $40,541 in Evansville, based on the cost of living difference.
Boulder's housing index is 230 with median homes at $750,000, while Evansville's is 55 with median homes at $170,000.

Moving & Relocation Resources

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