City Comparison

Evansville vs McKinney

Cost of Living Comparison · 2026

Evansville

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

McKinney

Texas
112
Above Average
$472,000
Median Home
$1,900/mo
Median Rent
$124,200
Median Income

The Verdict

28.6%

Living in Evansville costs 28.6% less than McKinney. To match the purchasing power of a $75,000 salary in Evansville, you would need $105,000 in McKinney.

Category-by-Category Breakdown

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

Housing
55
Evansville
140
McKinney
Groceries
95
Evansville
97
McKinney
Utilities
105
Evansville
113
McKinney
Transportation
98
Evansville
85
McKinney
Healthcare
105
Evansville
129
McKinney

Salary Equivalence

A $75,000 salary in Evansville has the same purchasing power as $105,000 in McKinney.

Conversely, $75,000 in McKinney equals $53,571 in Evansville.

Living in Evansville vs McKinney

Housing Costs

Evansville's housing index of 55 is lower McKinney's 140, translating to median home prices of $170,000 vs $472,000. The $302,000 difference in home prices means roughly $19,632 per year in additional mortgage costs at current rates. Renters face a similar gap: $850/mo in Evansville compared to $1,900/mo in McKinney, a monthly difference of $1,050.

Grocery & Food Costs

Grocery expenses index at 95 in Evansville and 97 in McKinney. A household spending the national average of $475/month on groceries would pay approximately $451/month in Evansville vs $461/month in McKinney. 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 113 in McKinney. Monthly utility bills average approximately $420 in Evansville vs $452 in McKinney. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 105 in Evansville and 129 in McKinney. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 24-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 $124,200 in McKinney. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,750 and $110,893 respectively. McKinney 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 $2,898/month in McKinney. In Evansville, median rent of $850/mo fits within this budget. In McKinney, median rent of $1,900/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 85 index points — focus your budget analysis there.

Frequently Asked Questions

Evansville is 28.6% more affordable overall with an index of 80 vs 112.
A $75,000 salary in Evansville has equivalent purchasing power to approximately $105,000 in McKinney, based on the cost of living difference.
Evansville's housing index is 55 with median homes at $170,000, while McKinney's is 140 with median homes at $472,000.

Moving & Relocation Resources

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