Indianapolis cost of living
Indianapolis-Carmel-Greenwood, IN had 2,174,833 people in the Census Vintage 2024 estimates. The HUD area used for rent is Indianapolis-Carmel, IN HUD Metro FMR Area. The 2024 all-items regional price parity is 95.7, where the U.S. average is 100.
2-bedroom Fair Market Rent
$1,536
FY 2027, principal HUD area
Median gross rent
$1,273
ACS 2024 1-year
Goods prices
94.3
BEA goods RPP, 2024
Utilities prices
86.4
BEA utilities RPP, 2024
Mean commute
25.6 minutes
ACS S0801, workers who did not work from home
Median household income
$80,239
ACS 2024, 2024 dollars
Median real estate taxes divided by median home value in this metro are 0.83%. Childcare prices are not in the verified dataset.
Benefits in Indiana
Benefit rules in this tool follow the state, not the city. SNAP in Indiana · Medicaid · Indiana overview
Related comparisons
From Indianapolis
The eight largest 2-bedroom Fair Market Rent gaps from Indianapolis.
- Indianapolis and San Francisco · rent gap $2,161
- Indianapolis and San Jose · rent gap $1,736
- Indianapolis and Boston · rent gap $1,472
- Indianapolis and New York · rent gap $1,435
- Indianapolis and Los Angeles · rent gap $1,428
- Indianapolis and San Diego · rent gap $1,287
- Indianapolis and Miami · rent gap $1,028
- Indianapolis and Seattle · rent gap $1,013
Nearby metros
Next in the population ranking: Columbus, Cleveland, Nashville