Indexed to national average (100)
See what salary you'd need in another city to match your purchasing power in Indianapolis.
About Indianapolis
Indianapolis offers a remarkably affordable cost of living with a diversified economy spanning healthcare, manufacturing, and sports. It's one of the most underrated cities in the Midwest for young professionals.
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Frequently Asked Questions
Is Indianapolis expensive?
Indianapolis has a cost of living index of 95.7, where 100 represents the national average. This is close to the national average.
What salary do you need to live comfortably in Indianapolis?
Based on a rent-to-income ratio of 30%, you'd need at least $46,240 to afford the median 2-bedroom apartment in Indianapolis and maintain basic expenses.
What is the median rent in Indianapolis?
The median 2-bedroom rent in Indianapolis is $1,156 per month, according to HUD Fair Market Rent data.