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Evansville, IN vs Hammond, IN

71
Evansville
Indiana
VS
-12%
81
Hammond
Indiana

Evansville is moderately more affordable than Hammond, with a 12% lower cost of living index. Evansville scores 71 compared to 81 for Hammond, where the US average is 100. This difference means residents of Hammond can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Evansville is $949/month compared to $1,089/month in Hammond — a 13% difference. Home values follow the same pattern: Evansville is more affordable at $129,100 median vs $141,700.

Median household income in Evansville is $52,251 compared to $53,950 in Hammond (-3.1%). Hammond does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Evansville spend roughly 21.8% of their income on rent, less than the 24.2% in Hammond.

Income & Cost

Cost of Living Index
Evansville
71
12% cheaper
Hammond
81
Median Household Income
Evansville
$52,251
Hammond
$53,950
3% higher

Housing

Median Rent
Evansville
$949
13% cheaper
Hammond
$1,089
Median Home Value
Evansville
$129,100
9% cheaper
Hammond
$141,700
Population
Evansville
116,441
Hammond
77,098

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Evansville $2.91
Hammond $3.20
US $3.07
🥚
Eggs (grade A, large)
Evansville $2.37
Hammond $2.61
US $2.50
🥛
Milk (whole)
Evansville $3.82
Hammond $4.20
US $4.03
🍞
Bread (white)
Evansville $1.75
Hammond $1.93
US $1.85
🍗
Chicken breast
Evansville $3.93
Hammond $4.32
US $4.14
Electricity
Evansville $0.16
Hammond $0.15
US $0.19