City Comparison

Evansville vs Pensacola

Cost of Living Comparison · 2026

Evansville

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

Pensacola

Florida
89
Below Average
$314,000
Median Home
$1,350/mo
Median Rent
$63,200
Median Income

The Verdict

10.1%

Living in Evansville costs 10.1% less than Pensacola. To match the purchasing power of a $75,000 salary in Evansville, you would need $83,438 in Pensacola.

Category-by-Category Breakdown

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

Housing
55
Evansville
80
Pensacola
Groceries
95
Evansville
101
Pensacola
Utilities
105
Evansville
94
Pensacola
Transportation
98
Evansville
98
Pensacola
Healthcare
105
Evansville
100
Pensacola

Salary Equivalence

A $75,000 salary in Evansville has the same purchasing power as $83,438 in Pensacola.

Conversely, $75,000 in Pensacola equals $67,416 in Evansville.

Living in Evansville vs Pensacola

Housing Costs

Evansville's housing index of 55 is lower Pensacola's 80, translating to median home prices of $170,000 vs $314,000. The $144,000 difference in home prices means roughly $9,360 per year in additional mortgage costs at current rates. Renters face a similar gap: $850/mo in Evansville compared to $1,350/mo in Pensacola, a monthly difference of $500.

Grocery & Food Costs

Grocery expenses index at 95 in Evansville and 101 in Pensacola. A household spending the national average of $475/month on groceries would pay approximately $451/month in Evansville vs $480/month in Pensacola. 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 94 in Pensacola. Monthly utility bills average approximately $420 in Evansville vs $376 in Pensacola. 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 105 in Evansville and 100 in Pensacola. 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 $63,200 in Pensacola. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,750 and $71,011 respectively. Pensacola 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 $1,475/month in Pensacola. In Evansville, median rent of $850/mo fits within this budget. In Pensacola, median rent of $1,350/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 25 index points — focus your budget analysis there.

Frequently Asked Questions

Evansville is 10.1% more affordable overall with an index of 80 vs 89.
A $75,000 salary in Evansville has equivalent purchasing power to approximately $83,438 in Pensacola, based on the cost of living difference.
Evansville's housing index is 55 with median homes at $170,000, while Pensacola's is 80 with median homes at $314,000.

Moving & Relocation Resources

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