City Comparison

Evansville vs Stamford

Cost of Living Comparison · 2026

Evansville

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

Stamford

Connecticut
158
Very Expensive
$580,000
Median Home
$2,400/mo
Median Rent
$95,272
Median Income

The Verdict

49.4%

The cost gap between these cities is 49.4%, with Evansville being the more affordable option. A $75,000 income in Evansville has equivalent purchasing power to $148,125 in Stamford.

Category-by-Category Breakdown

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

Housing
55
Evansville
232
Stamford
Groceries
95
Evansville
110
Stamford
Utilities
105
Evansville
128
Stamford
Transportation
98
Evansville
107
Stamford
Healthcare
105
Evansville
114
Stamford

Salary Equivalence

A $75,000 salary in Evansville has the same purchasing power as $148,125 in Stamford.

Conversely, $75,000 in Stamford equals $37,975 in Evansville.

Living in Evansville vs Stamford

Housing Costs

Evansville's housing index of 55 is lower Stamford's 232, translating to median home prices of $170,000 vs $580,000. The $410,000 difference in home prices means roughly $26,652 per year in additional mortgage costs at current rates. Renters face a similar gap: $850/mo in Evansville compared to $2,400/mo in Stamford, a monthly difference of $1,550.

Grocery & Food Costs

Grocery expenses index at 95 in Evansville and 110 in Stamford. A household spending the national average of $475/month on groceries would pay approximately $451/month in Evansville vs $523/month in Stamford. Evansville offers a meaningful advantage on everyday food costs, saving roughly $864/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 105 in Evansville and 128 in Stamford. Monthly utility bills average approximately $420 in Evansville vs $512 in Stamford. 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 Stamford. 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 $95,272 in Stamford. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,750 and $60,299 respectively. Evansville residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,134/month to housing in Evansville vs $2,223/month in Stamford. In Evansville, median rent of $850/mo fits within this budget. In Stamford, median rent of $2,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 177 index points — focus your budget analysis there.

Frequently Asked Questions

Evansville is 49.4% more affordable overall with an index of 80 vs 158.
A $75,000 salary in Evansville has equivalent purchasing power to approximately $148,125 in Stamford, based on the cost of living difference.
Evansville's housing index is 55 with median homes at $170,000, while Stamford's is 232 with median homes at $580,000.

Moving & Relocation Resources

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