Evansville, IN vs Greenwood, IN

There is a significant gap in the cost of living between these two cities. Evansville is 22.5% cheaper than Greenwood. With a cost index of 71 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Evansville to Greenwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Evansville is $949/month compared to $1,252/month in Greenwood — a 24% difference. Home values follow the same pattern: Evansville is more affordable at $129,100 median vs $248,700.

Median household income in Evansville is $52,251 compared to $78,765 in Greenwood (-33.7%). While Greenwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Evansville spend roughly 21.8% of their income on rent, more than the 19.1% in Greenwood.