Evansville, IL vs Preston Heights, IL
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.
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