Evansville, IN vs Lawrence, IN

There is a significant gap in the cost of living between these two cities. Evansville is 15.7% cheaper than Lawrence. With a cost index of 71 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Evansville to Lawrence should plan for substantially higher expenses across most categories.

On the housing front, median rent in Evansville is $949/month compared to $1,084/month in Lawrence — a 13% difference. Home values follow the same pattern: Evansville is more affordable at $129,100 median vs $220,400.

Median household income in Evansville is $52,251 compared to $73,455 in Lawrence (-28.9%). While Lawrence 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 17.7% in Lawrence.