salaryIndianapolis is 9% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Indianapolis to live the same way.
🏠 Rent per month
$1,651
$1,465
🛏️ 2-bedroom rent
$1,565
$1,315
💵 Families earn per year
$111,392
$71,417
🔑 Buying a house
$395,900
$224,800
📊 Overall prices (U.S. = 100)
105.4
95.7
🏛️ Property tax per year
$4,982
$2,037
⚡ Electric bill per month
$136
$141
👥 People living there
288,976
885,860
Commute to work
18.8 min
24.6 min
College degree
38.7%
34.9%
Own their home
63.9%
56%
Below poverty line
8.9%
15.8%
Unemployment
4.6%
5.1%
Bottom line
- Pick Anchorage for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Indianapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Anchorage | Indianapolis | Difference |
|---|---|---|---|
| Police Officer | $115,020 | $83,110 | -28% in Indianapolis |
| HVAC Technician | $85,620 | $62,160 | -27% in Indianapolis |
| Registered Nurse | $115,290 | $84,230 | -27% in Indianapolis |
| Dental Hygienist | $132,740 | $97,470 | -27% in Indianapolis |
| Elementary School Teacher | $79,270 | $60,510 | -24% in Indianapolis |
| Electrician | $82,440 | $65,130 | -21% in Indianapolis |
| Licensed Practical Nurse | $82,330 | $67,200 | -18% in Indianapolis |
| Cashier | $36,350 | $29,890 | -18% in Indianapolis |
Frequently asked questions
Is Anchorage or Indianapolis cheaper to live in?
Indianapolis is about 9% cheaper overall. Rent is $1,465 a month there versus $1,651 in Anchorage.
What salary do I need in Indianapolis to match $60,000 in Anchorage?
About $54,466 a year gives the same standard of living in Indianapolis.
Where do people earn more, Anchorage or Indianapolis?
The typical household earns $111,392 in Anchorage and $71,417 in Indianapolis, 56% more in Anchorage.
More comparisons
All Anchorage comparisons → · All Indianapolis comparisons →