Evansville, MN vs Hayward, MN

There is a significant gap in the cost of living between these two cities. Evansville is 21.7% cheaper than Hayward. With a cost index of 65 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Evansville to Hayward should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Evansville are $145,000 compared to $109,600 in Hayward, a 32% gap.

Median household income in Evansville is $39,063 compared to $53,750 in Hayward (-27.3%). While Hayward is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.