salaryIndianapolis is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Phoenix to live the same way.
🏠 Rent per month
$1,465
$1,893
🛏️ 2-bedroom rent
$1,315
$1,729
💵 Families earn per year
$71,417
$87,717
🔑 Buying a house
$224,800
$420,700
📊 Overall prices (U.S. = 100)
95.7
103.3
🏛️ Property tax per year
$2,037
$1,850
⚡ Electric bill per month
$141
$181
👥 People living there
885,860
1,642,323
Commute to work
24.6 min
25.6 min
College degree
34.9%
33.6%
Own their home
56%
57.3%
Below poverty line
15.8%
13.7%
Unemployment
5.1%
5%
Bottom line
- Pick Indianapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Phoenix for higher incomes, less poverty, lower unemployment.
Pay for the same job
| Job | Indianapolis | Phoenix | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $29,050 | $47,530 | +64% in Phoenix |
| Software Developer | $106,870 | $131,750 | +23% in Phoenix |
| Registered Nurse | $84,230 | $100,830 | +20% in Phoenix |
| Operations Manager | $120,480 | $98,610 | -18% in Phoenix |
| Plumber | $76,980 | $63,750 | -17% in Phoenix |
| Cashier | $29,890 | $34,920 | +17% in Phoenix |
| Nursing Assistant | $38,880 | $45,290 | +16% in Phoenix |
| Licensed Practical Nurse | $67,200 | $78,080 | +16% in Phoenix |
Frequently asked questions
Is Indianapolis or Phoenix cheaper to live in?
Indianapolis is about 8% cheaper overall. Rent is $1,465 a month there versus $1,893 in Phoenix.
What salary do I need in Phoenix to match $60,000 in Indianapolis?
About $64,778 a year gives the same standard of living in Phoenix.
Where do people earn more, Indianapolis or Phoenix?
The typical household earns $71,417 in Indianapolis and $87,717 in Phoenix, 19% more in Phoenix.