City Comparison

Evansville vs Springfield

Cost of Living Comparison · 2026

Evansville

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

Springfield

Massachusetts
107
Above Average
$230,000
Median Home
$1,200/mo
Median Rent
$41,612
Median Income

The Verdict

25.2%

The cost gap between these cities is 25.2%, with Evansville being the more affordable option. A $75,000 income in Evansville has equivalent purchasing power to $100,313 in Springfield.

Category-by-Category Breakdown

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

Housing
55
Evansville
106
Springfield
Groceries
95
Evansville
104
Springfield
Utilities
105
Evansville
119
Springfield
Transportation
98
Evansville
101
Springfield
Healthcare
105
Evansville
114
Springfield

Salary Equivalence

A $75,000 salary in Evansville has the same purchasing power as $100,313 in Springfield.

Conversely, $75,000 in Springfield equals $56,075 in Evansville.

Living in Evansville vs Springfield

Housing Costs

Evansville's housing index of 55 is lower Springfield's 106, translating to median home prices of $170,000 vs $230,000. The $60,000 difference in home prices means roughly $3,900 per year in additional mortgage costs at current rates. Renters face a similar gap: $850/mo in Evansville compared to $1,200/mo in Springfield, a monthly difference of $350.

Grocery & Food Costs

Grocery expenses index at 95 in Evansville and 104 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $451/month in Evansville vs $494/month in Springfield. Evansville offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 105 in Evansville and 119 in Springfield. Monthly utility bills average approximately $420 in Evansville vs $476 in Springfield. 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 114 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-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 $41,612 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,750 and $38,890 respectively. Evansville residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,134/month to housing in Evansville vs $971/month in Springfield. In Evansville, median rent of $850/mo fits within this budget. In Springfield, median rent of $1,200/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 51 index points — focus your budget analysis there.

Frequently Asked Questions

Evansville is 25.2% more affordable overall with an index of 80 vs 107.
A $75,000 salary in Evansville has equivalent purchasing power to approximately $100,313 in Springfield, based on the cost of living difference.
Evansville's housing index is 55 with median homes at $170,000, while Springfield's is 106 with median homes at $230,000.

Moving & Relocation Resources

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