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Cost of living in Indianapolis, IN

Livability score 71 · cost-of-living index 94.7 (US = 100)

Indianapolis, IN
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How Indianapolis compares

Where Indianapolis falls within the range of all 200 metros (marker = this city).

Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 95 — range 85 to 118 across all metros 95 Median home price $149k $1610k Median home price: $296k — range $149k to $1610k across all metros $296k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $156 — range $88 to $1074 across all metros $156 Combined sales tax 0.0% 11.5% Combined sales tax: 7.0% — range 0.0% to 11.5% across all metros 7.0% Property tax rate 0.28% 2.76% Property tax rate: 0.84% — range 0.28% to 2.76% across all metros 0.84% Violent crime (per 100k, state avg) 110 1,000 Violent crime (per 100k, state avg): 360 — range 110 to 1,000 across all metros 360 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 17.9 — range 12.3 to 46.6 across all metros 17.9 Avg summer high (°F) 65° 104° Avg summer high (°F): 86° — range 65° to 104° across all metros 86° Avg winter low (°F) -2° 72° Avg winter low (°F): 20° — range -2° to 72° across all metros 20°

Map of Indianapolis

Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.

Map data © OpenStreetMap contributors · business listings via Google Maps

Cost of living

MetricValueScopeUS rank
Cost-of-living index (US=100)94.7metro-area#89 of 200
Grocery index (US=100)94.8metro-area#63 of 200
Big Mac price (est.)$5.39metro-area#89 of 200
Median household income$73,571metro-area#86 of 200
Median wage (all occupations)$43,449metro-area#59 of 200

Who lives here

MetricValueScopeUS rank
Median age36.7 yearsmetro-area#53 of 200
Bachelor's degree or higher (25+)37.9%metro-area#55 of 200
Foreign-born residents8.4%metro-area#97 of 200
Homes that are owner-occupied66.6%metro-area#98 of 200

Economy

MetricValueScopeUS rank
Unemployment rate4.28%metro-area#38 of 200
Population growth (5-yr)+6.1%metro-area#64 of 200

Housing — what your money buys

MetricValueScopeUS rank
Median home price$295,921metro-area#72 of 200
Home price ÷ income (affordability)4.0×metro-area#54 of 200
1-yr home appreciation+1.3%metro-area#102 of 200
Price per square foot$156metro-area#69 of 200
Typical home size (implied)1,901 sqft
Median rent (monthly)$1,553metro-area#96 of 200
Homes for sale (inventory)7,793
Median days on market11metro-area#57 of 200

Taxes

MetricValueScopeUS rank
Total tax burden (est. % of income)9.3%state#58 of 200
Combined sales tax7.00%state#64 of 200
State income tax (top rate)3.00%
Capital gains tax3.05%state#49 of 200
High earnersNo special surtax
Social Security in retirementNot taxed — does not tax Social Security benefits
Effective property tax rate0.84%metro-area#94 of 200
Median property tax paid$1,867metro-area#57 of 200

Health & childcare

MetricValueScopeUS rank
Life expectancy at birth75.6 yearsmetro-area#133 of 200
Healthcare (annual, single adult)$6,600state#65 of 200
Uninsured (share of residents)7.7%metro-area#89 of 200
Primary care providers per 100k86metro-area#49 of 200
Childcare (annual, infant, center)$12,000state#110 of 200

Vehicles & commute

MetricValueScopeUS rank
Annual registration$200state#135 of 200
Vehicle property tax (annual)1.20% of value (~$336/yr)state#155 of 200
Emissions testingRequired
Emissions detailRequired in major metro counties
DMV & license offices20
Avg commute to work25 minmetro-area#127 of 200
Commute by driving alone74.5%metro-area#90 of 200
Solo drivers commuting 30+ min37.4%metro-area#148 of 200

Utilities & fuel

MetricValueScopeUS rank
Electricity17.9¢/kWhstate#122 of 200
Avg monthly electric bill$161state#122 of 200
Gasoline$3.30/galstate#94 of 200
Natural gas (avg monthly bill)$72state#100 of 200
Water & sewer (avg monthly bill)$102state#93 of 200
Home internet (avg monthly bill)$81state#121 of 200

Insurance

MetricValueScopeUS rank
Home insurance (annual)$1,600state#80 of 200
Auto insurance (annual)$1,400state#18 of 200

Disaster risk & supplemental insurance

MetricValueScopeUS rank
Main natural hazardsNotable hazards: tornadoes — separate flood/quake/windstorm policies may be needed.
FEMA National Risk Index (0–100, higher = more risk)83.9 — Relatively Moderatemetro-area#55 of 200
Flood insurance (annual, NFIP)$600state#16 of 200
Earthquake insurance (annual)$100state#1 of 200

Climate & air quality

MetricValueScopeUS rank
Air quality (median AQI, lower=cleaner)55metro-area#175 of 200
Cooling degree-days (AC load)900metro-area#66 of 200
Homes with air conditioning (state)94%state#64 of 200
Heating degree-days (heat load)5,700metro-area#141 of 200
Days per year ≥ 90°F10metro-area#45 of 200
Days per year ≥ 100°F0metro-area#5 of 200
Avg summer high (state)86°Fmetro-area#87 of 200
Avg winter low20°Fmetro-area#147 of 200
Annual precipitation43.6"metro-area#101 of 200
Annual snowfall25.5"metro-area#137 of 200
Sunshine (% of possible)55%metro-area#150 of 200
Plant hardiness zone6a
Frost window04-30 → 10-15

Safety

MetricValueScopeUS rank
Violent crime (per 100k, state avg)360state#61 of 200
Property crime (per 100k, state avg)2,000state#83 of 200

Local amenities & recreation

MetricValueScopeUS rank
Grocery stores88metro-area#89 of 200
Parks150
Hiking areas23
Golf courses32
Shooting ranges9
Lakes24

Permits

MetricValueScopeUS rank
Building permit difficulty (1–5)2state#1 of 200
Permit detailGenerally easy

US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.

Top employers in Indianapolis

Major public and private employers in the Indianapolis, IN area.

EmployerSectorJobs
Salesforce Tech Careers →
Cummins Manufacturing Careers →
Simon Property Group real estate Careers →
Allison Transmission automotive Careers →
Indiana University Education Search →
Baptist Health Healthcare Search →

Salaries by occupation in Indianapolis

Local median pay, BLS OEWS. All occupations →

OccupationMedian pay
Dentists $162,110
Pharmacists $135,340
Financial Managers $133,090
Human Resources Managers $131,120
Marketing Managers $126,680
Physician Assistants $124,260
Lawyers $119,610
General & Operations Managers $108,130
Software Developers $106,740
Physical Therapists $102,500
Construction Managers $100,330
Mechanical Engineers $92,930
Dental Hygienists $91,140
Civil Engineers $84,570
Data Scientists $81,510
Registered Nurses $80,290
Police & Sheriff's Patrol Officers $77,270
Accountants & Auditors $76,710
Plumbers, Pipefitters & Steamfitters $67,420
Web Developers $67,190
Electricians $64,690
Real Estate Sales Agents $61,530
Carpenters $58,520
Heavy & Tractor-Trailer Truck Drivers $58,480
Elementary School Teachers $57,990
Graphic Designers $49,560
Welders, Cutters & Solderers $48,310
Medical Assistants $43,010

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