Chesapeake vs Evansville
Cost of Living Comparison · 2026
Chesapeake
Evansville
The Verdict
Evansville is 30.0% less expensive than Chesapeake overall. A household earning $75,000 in Chesapeake would need approximately $57,692 in Evansville to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Chesapeake has the same purchasing power as $57,692 in Evansville.
Conversely, $75,000 in Evansville equals $97,500 in Chesapeake.
Living in Chesapeake vs Evansville
Housing Costs
Chesapeake's housing index of 120 is higher Evansville's 55, translating to median home prices of $385,000 vs $170,000. The $215,000 difference in home prices means roughly $13,980 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,550/mo in Chesapeake compared to $850/mo in Evansville, a monthly difference of $700.
Grocery & Food Costs
Grocery expenses index at 102 in Chesapeake and 95 in Evansville. A household spending the national average of $475/month on groceries would pay approximately $485/month in Chesapeake vs $451/month in Evansville. Evansville offers a meaningful advantage on everyday food costs, saving roughly $408/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 105 in Chesapeake and 105 in Evansville. Monthly utility bills average approximately $420 in Chesapeake vs $420 in Evansville. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 97 in Chesapeake 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 $94,200 in Chesapeake and $48,600 in Evansville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $90,577 and $60,750 respectively. Chesapeake residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $2,198/month to housing in Chesapeake vs $1,134/month in Evansville. In Chesapeake, median rent of $1,550/mo fits within this budget. In Evansville, median rent of $850/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 65 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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