Evansville vs Laredo
Cost of Living Comparison · 2026
Evansville
Laredo
The Verdict
The cost gap between these cities is 2.4%, with Evansville being the more affordable option. A $75,000 income in Evansville has equivalent purchasing power to $76,875 in Laredo.
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 $76,875 in Laredo.
Conversely, $75,000 in Laredo equals $73,171 in Evansville.
Living in Evansville vs Laredo
Housing Costs
Evansville's housing index of 55 is lower Laredo's 81, translating to median home prices of $170,000 vs $190,000. The $20,000 difference in home prices means roughly $1,296 per year in additional mortgage costs at current rates. Renters face a similar gap: $850/mo in Evansville compared to $1,075/mo in Laredo, a monthly difference of $225.
Grocery & Food Costs
Grocery expenses index at 95 in Evansville and 91 in Laredo. A household spending the national average of $475/month on groceries would pay approximately $451/month in Evansville vs $432/month in Laredo. 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 105 in Evansville and 107 in Laredo. Monthly utility bills average approximately $420 in Evansville vs $428 in Laredo. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 105 in Evansville and 77 in Laredo. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 28-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $48,600 in Evansville and $63,900 in Laredo. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,750 and $77,927 respectively. Laredo residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,134/month to housing in Evansville vs $1,491/month in Laredo. In Evansville, median rent of $850/mo fits within this budget. In Laredo, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 28 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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