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Evansville, WI vs Palmyra, WI

82
Evansville
Wisconsin
VS
+13.3%
72
Palmyra
Wisconsin

Palmyra is moderately more affordable than Evansville, with a 13.3% lower cost of living index. Evansville scores 82 compared to 72 for Palmyra, where the US average is 100. This difference means residents of Evansville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Evansville is $941/month compared to $765/month in Palmyra — a 23% difference. Home values follow the same pattern: Palmyra is more affordable at $194,200 median vs $256,900.

Median household income in Evansville is $78,841 compared to $80,709 in Palmyra (-2.3%). Palmyra 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 14.3% of their income on rent, more than the 11.4% in Palmyra.

Income & Cost

Cost of Living Index
Evansville
82
Palmyra
72
12% cheaper
Median Household Income
Evansville
$78,841
Palmyra
$80,709
2% higher

Housing

Median Rent
Evansville
$941
Palmyra
$765
19% cheaper
Median Home Value
Evansville
$256,900
Palmyra
$194,200
24% cheaper
Population
Evansville
5,771
Palmyra
2,042

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Evansville $2.88
Palmyra
US $3.07
🥚
Eggs (grade A, large)
Evansville $2.35
Palmyra
US $2.50
🥛
Milk (whole)
Evansville $3.78
Palmyra
US $4.03
🍞
Bread (white)
Evansville $1.74
Palmyra
US $1.85
🍗
Chicken breast
Evansville $3.89
Palmyra
US $4.14
Electricity
Evansville $0.17
Palmyra
US $0.19