City Comparison

Cheyenne vs Evansville

Cost of Living Comparison · 2026

Cheyenne

Wyoming
95
Below Average
$280,000
Median Home
$1,100/mo
Median Rent
$57,834
Median Income

Evansville

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

The Verdict

18.8%

The cost gap between these cities is 18.8%, with Evansville being the more affordable option. A $75,000 income in Cheyenne has equivalent purchasing power to $63,158 in Evansville.

Category-by-Category Breakdown

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

Housing
85
Cheyenne
55
Evansville
Groceries
98
Cheyenne
95
Evansville
Utilities
90
Cheyenne
105
Evansville
Transportation
98
Cheyenne
98
Evansville
Healthcare
100
Cheyenne
105
Evansville

Salary Equivalence

A $75,000 salary in Cheyenne has the same purchasing power as $63,158 in Evansville.

Conversely, $75,000 in Evansville equals $89,063 in Cheyenne.

Living in Cheyenne vs Evansville

Housing Costs

Cheyenne's housing index of 85 is higher Evansville's 55, translating to median home prices of $280,000 vs $170,000. The $110,000 difference in home prices means roughly $7,152 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,100/mo in Cheyenne compared to $850/mo in Evansville, a monthly difference of $250.

Grocery & Food Costs

Grocery expenses index at 98 in Cheyenne and 95 in Evansville. A household spending the national average of $475/month on groceries would pay approximately $466/month in Cheyenne vs $451/month in Evansville. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 90 in Cheyenne and 105 in Evansville. Monthly utility bills average approximately $360 in Cheyenne 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 100 in Cheyenne 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 $57,834 in Cheyenne and $48,600 in Evansville. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,878 and $60,750 respectively. Cheyenne residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,349/month to housing in Cheyenne vs $1,134/month in Evansville. In Cheyenne, median rent of $1,100/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 30 index points — focus your budget analysis there.

Frequently Asked Questions

Evansville is 18.8% more affordable overall with an index of 80 vs 95.
A $75,000 salary in Cheyenne has equivalent purchasing power to approximately $63,158 in Evansville, based on the cost of living difference.
Cheyenne's housing index is 85 with median homes at $280,000, while Evansville's is 55 with median homes at $170,000.

Moving & Relocation Resources

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