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Evansville, IL vs Preston Heights, IL

64
Evansville
Illinois
VS
-24.5%
85
Preston Heights
Illinois

There is a significant gap in the cost of living between these two cities. Evansville is 24.5% cheaper than Preston Heights. With a cost index of 64 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Evansville to Preston Heights should plan for substantially higher expenses across most categories.

On the housing front, median rent in Evansville is $775/month compared to $1,232/month in Preston Heights — a 37% difference. Home values follow the same pattern: Evansville is more affordable at $84,700 median vs $141,400.

Median household income in Evansville is $63,125 compared to $51,970 in Preston Heights (+21.5%). Evansville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Evansville spend roughly 14.7% of their income on rent, less than the 28.4% in Preston Heights.

Climate-wise, Evansville is notably warmer with an average of 57.7°F compared to 52.1°F in Preston Heights. Evansville receives more rainfall at 43.4" per year compared to 34.4" in Preston Heights.

Income & Cost

Cost of Living Index
Evansville
64
24% cheaper
Preston Heights
85
Median Household Income
Evansville
$63,125
18% higher
Preston Heights
$51,970

Housing

Median Rent
Evansville
$775
37% cheaper
Preston Heights
$1,232
Median Home Value
Evansville
$84,700
40% cheaper
Preston Heights
$141,400
Population
Evansville
781
Preston Heights
2,318

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Evansville
Preston Heights $3.20
US $3.07
🥚
Eggs (grade A, large)
Evansville
Preston Heights $2.61
US $2.50
🥛
Milk (whole)
Evansville
Preston Heights $4.20
US $4.03
🍞
Bread (white)
Evansville
Preston Heights $1.93
US $1.85
🍗
Chicken breast
Evansville
Preston Heights $4.32
US $4.14
Electricity
Evansville
Preston Heights $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Evansville 57.7°F
Preston Heights 52.1°F
Summer High
Evansville 90°F
Preston Heights 85°F
Winter Low
Evansville 24°F
Preston Heights 19°F
Rainfall
Evansville 43.4"
Preston Heights 34.4"
Rainy Days
Evansville 100d
Preston Heights 121d