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Indianapolis vs Montgomery: which is cheaper?

Montgomery is 6% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $56,229 in Montgomery to live the same way.

🏠 Rent per month
$1,465
$1,304
🛏️ 2-bedroom rent
$1,315
$1,085
💵 Families earn per year
$71,417
$61,271
🔑 Buying a house
$224,800
$161,900
📊 Overall prices (U.S. = 100)
95.7
89.7
🏛️ Property tax per year
$2,037
$643
⚡ Electric bill per month
$141
$185
👥 People living there
885,860
197,494
Commute to work
24.6 min
20.7 min
College degree
34.9%
33.8%
Own their home
56%
54.4%
Below poverty line
15.8%
21.5%
Unemployment
5.1%
6.4%

Bottom line

Pay for the same job

JobIndianapolisMontgomeryDifference
Police Officer$83,110$48,490-42% in Montgomery
Dental Hygienist$97,470$60,120-38% in Montgomery
Firefighter$68,480$48,780-29% in Montgomery
Carpenter$65,070$47,360-27% in Montgomery
Plumber$76,980$57,960-25% in Montgomery
Medical Assistant$46,900$35,810-24% in Montgomery
Electrician$65,130$49,910-23% in Montgomery
Physician Assistant$131,950$102,040-23% in Montgomery

Frequently asked questions

Is Indianapolis or Montgomery cheaper to live in?

Montgomery is about 6% cheaper overall. Rent is $1,304 a month there versus $1,465 in Indianapolis.

What salary do I need in Montgomery to match $60,000 in Indianapolis?

About $56,229 a year gives the same standard of living in Montgomery.

Where do people earn more, Indianapolis or Montgomery?

The typical household earns $71,417 in Indianapolis and $61,271 in Montgomery, 17% more in Indianapolis.

More comparisons

All Indianapolis comparisons → · All Montgomery comparisons →

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