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

Missouri
84
Very Affordable
$225,000
Median Home
$950/mo
Median Rent
$46,000
Median Income

The Verdict

4.8%

Living in Evansville costs 4.8% less than Springfield. To match the purchasing power of a $75,000 salary in Evansville, you would need $78,750 in Springfield.

Category-by-Category Breakdown

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

Housing
55
Evansville
67
Springfield
Groceries
95
Evansville
94
Springfield
Utilities
105
Evansville
79
Springfield
Transportation
98
Evansville
90
Springfield
Healthcare
105
Evansville
116
Springfield

Salary Equivalence

A $75,000 salary in Evansville has the same purchasing power as $78,750 in Springfield.

Conversely, $75,000 in Springfield equals $71,429 in Evansville.

Living in Evansville vs Springfield

Housing Costs

Evansville's housing index of 55 is lower Springfield's 67, translating to median home prices of $170,000 vs $225,000. The $55,000 difference in home prices means roughly $3,576 per year in additional mortgage costs at current rates. Renters face a similar gap: $850/mo in Evansville compared to $950/mo in Springfield, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 95 in Evansville and 94 in Springfield. A household spending the national average of $475/month on groceries would pay approximately $451/month in Evansville vs $447/month in Springfield. 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 79 in Springfield. Monthly utility bills average approximately $420 in Evansville vs $316 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 116 in Springfield. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-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 $46,000 in Springfield. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,750 and $54,762 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 $1,073/month in Springfield. In Evansville, median rent of $850/mo fits within this budget. In Springfield, median rent of $950/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 26 index points — focus your budget analysis there.

Frequently Asked Questions

Evansville is 4.8% more affordable overall with an index of 80 vs 84.
A $75,000 salary in Evansville has equivalent purchasing power to approximately $78,750 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 67 with median homes at $225,000.

Moving & Relocation Resources

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