salaryIndianapolis is 18% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in New York to live the same way.
🏠 Rent per month
$1,465
$2,806
🛏️ 2-bedroom rent
$1,315
$2,016
💵 Families earn per year
$71,417
$86,801
🔑 Buying a house
$224,800
$777,600
📊 Overall prices (U.S. = 100)
95.7
112.6
🏛️ Property tax per year
$2,037
$6,547
⚡ Electric bill per month
$141
$132
👥 People living there
885,860
8,483,844
Commute to work
24.6 min
40.3 min
College degree
34.9%
41.6%
Own their home
56%
32.8%
Below poverty line
15.8%
17.9%
Unemployment
5.1%
8%
Bottom line
- Pick Indianapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick New York for higher incomes, a more educated workforce.
Pay for the same job
| Job | Indianapolis | New York | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $29,050 | $47,610 | +64% in New York |
| Elementary School Teacher | $60,510 | $96,900 | +60% in New York |
| Software Developer | $106,870 | $166,830 | +56% in New York |
| Firefighter | $68,480 | $106,420 | +55% in New York |
| Market Research Analyst | $65,200 | $100,520 | +54% in New York |
| Registered Nurse | $84,230 | $119,720 | +42% in New York |
| Accountant | $79,290 | $105,650 | +33% in New York |
| Operations Manager | $120,480 | $157,000 | +30% in New York |
Frequently asked questions
Is Indianapolis or New York cheaper to live in?
Indianapolis is about 18% cheaper overall. Rent is $1,465 a month there versus $2,806 in New York.
What salary do I need in New York to match $60,000 in Indianapolis?
About $70,575 a year gives the same standard of living in New York.
Where do people earn more, Indianapolis or New York?
The typical household earns $71,417 in Indianapolis and $86,801 in New York, 18% more in New York.