City Comparison

Evansville vs Warwick

Cost of Living Comparison · 2026

Evansville

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

Warwick

Rhode Island
106
Above Average
$413,000
Median Home
$1,425/mo
Median Rent
$74,600
Median Income

The Verdict

24.5%

The cost gap between these cities is 24.5%, with Evansville being the more affordable option. A $75,000 income in Evansville has equivalent purchasing power to $99,375 in Warwick.

Category-by-Category Breakdown

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

Housing
55
Evansville
127
Warwick
Groceries
95
Evansville
102
Warwick
Utilities
105
Evansville
112
Warwick
Transportation
98
Evansville
105
Warwick
Healthcare
105
Evansville
103
Warwick

Salary Equivalence

A $75,000 salary in Evansville has the same purchasing power as $99,375 in Warwick.

Conversely, $75,000 in Warwick equals $56,604 in Evansville.

Living in Evansville vs Warwick

Housing Costs

Evansville's housing index of 55 is lower Warwick's 127, translating to median home prices of $170,000 vs $413,000. The $243,000 difference in home prices means roughly $15,792 per year in additional mortgage costs at current rates. Renters face a similar gap: $850/mo in Evansville compared to $1,425/mo in Warwick, a monthly difference of $575.

Grocery & Food Costs

Grocery expenses index at 95 in Evansville and 102 in Warwick. A household spending the national average of $475/month on groceries would pay approximately $451/month in Evansville vs $485/month in Warwick. Evansville offers a meaningful advantage on everyday food costs, saving roughly $408/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 105 in Evansville and 112 in Warwick. Monthly utility bills average approximately $420 in Evansville vs $448 in Warwick. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 105 in Evansville and 103 in Warwick. 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 $74,600 in Warwick. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,750 and $70,377 respectively. Warwick 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 $1,741/month in Warwick. In Evansville, median rent of $850/mo fits within this budget. In Warwick, median rent of $1,425/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 72 index points — focus your budget analysis there.

Frequently Asked Questions

Evansville is 24.5% more affordable overall with an index of 80 vs 106.
A $75,000 salary in Evansville has equivalent purchasing power to approximately $99,375 in Warwick, based on the cost of living difference.
Evansville's housing index is 55 with median homes at $170,000, while Warwick's is 127 with median homes at $413,000.

Moving & Relocation Resources

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