CostIndexUSA

Corvallis, OR vs Evansville, IN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableIN
Evansville
91.5
overall index
$1,050/mo rent

Evansville is moderately cheaper than Corvallis — 12.0% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $70,400 in Evansville. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing41.7%
Corvallis
114.4
Evansville
66.7
🛒 Groceries10.4%
Corvallis
105.3
Evansville
94.3
🚗 Transportation1.1%
Corvallis
105.3
Evansville
104.1
🏥 Healthcare1.2%
Corvallis
95.3
Evansville
94.2
Utilities20.2%
Corvallis
108.6
Evansville
86.7

Salary Equivalency Calculator

Enter your current salary in Corvallis to see what you'd need to earn in Evansville to maintain the same purchasing power.

$
Equivalent salary in Evansville, IN
$70,400
$9,600 less needed in Evansville

Formula: salary × (91.5 ÷ 104) = salary × 0.8798. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Evansville, IN

Median Home Price
$214,000
Median Monthly Rent
$1,050
Housing Index
66.7
Price-to-Rent Ratio
17.0×

Corvallis has 41.7% lower housing costs compared to Evansville.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

Evansville, IN

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
3.4%
Population
118,414
Top Industries
HealthcareManufacturingFinanceRetailEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Corvallis, OR
3.1×income-to-rent ratio

68% of income left after rent (median)

Evansville, IN
5.2×income-to-rent ratio

81% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.