Evansville vs Gresham
Cost of Living Comparison · 2026
Evansville
Gresham
The Verdict
The cost gap between these cities is 37.5%, with Evansville being the more affordable option. A $75,000 income in Evansville has equivalent purchasing power to $120,000 in Gresham.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Evansville has the same purchasing power as $120,000 in Gresham.
Conversely, $75,000 in Gresham equals $46,875 in Evansville.
Living in Evansville vs Gresham
Housing Costs
Evansville's housing index of 55 is lower Gresham's 172, translating to median home prices of $170,000 vs $459,000. The $289,000 difference in home prices means roughly $18,780 per year in additional mortgage costs at current rates. Renters face a similar gap: $850/mo in Evansville compared to $1,450/mo in Gresham, a monthly difference of $600.
Grocery & Food Costs
Grocery expenses index at 95 in Evansville and 101 in Gresham. A household spending the national average of $475/month on groceries would pay approximately $451/month in Evansville vs $480/month in Gresham. Evansville offers a meaningful advantage on everyday food costs, saving roughly $348/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 105 in Evansville and 96 in Gresham. Monthly utility bills average approximately $420 in Evansville vs $384 in Gresham. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 105 in Evansville and 103 in Gresham. 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 $48,600 in Evansville and $69,600 in Gresham. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,750 and $54,375 respectively. Evansville residents enjoy stronger real purchasing power despite lower nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,134/month to housing in Evansville vs $1,624/month in Gresham. In Evansville, median rent of $850/mo fits within this budget. In Gresham, median rent of $1,450/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 117 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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