Beaver Dam, WI vs Evansville, WI

Beaver Dam is moderately more affordable than Evansville, with a 5.6% lower cost of living index. Beaver Dam scores 77 compared to 82 for Evansville, where the US average is 100. This difference means residents of Evansville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beaver Dam is $942/month compared to $941/month in Evansville — a 0% difference. Interestingly, home values tell a different story: while Evansville has cheaper rent, Beaver Dam actually has lower median home values ($189,800 vs $256,900).

Median household income in Beaver Dam is $68,757 compared to $78,841 in Evansville (-12.8%). While Evansville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beaver Dam spend roughly 16.4% of their income on rent, more than the 14.3% in Evansville.