salaryIndianapolis is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Plano to live the same way.
🏠 Rent per month
$1,465
$2,010
🛏️ 2-bedroom rent
$1,315
$2,058
💵 Families earn per year
$71,417
$121,065
🔑 Buying a house
$224,800
$465,900
📊 Overall prices (U.S. = 100)
95.7
103.1
🏛️ Property tax per year
$2,037
$6,700
⚡ Electric bill per month
$141
$176
👥 People living there
885,860
290,594
Commute to work
24.6 min
25.4 min
College degree
34.9%
60.5%
Own their home
56%
56.9%
Below poverty line
15.8%
6.8%
Unemployment
5.1%
4%
Bottom line
- Pick Indianapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Plano for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Indianapolis | Plano | Difference |
|---|---|---|---|
| Carpenter | $65,070 | $48,740 | -25% in Plano |
| Software Developer | $106,870 | $133,290 | +25% in Plano |
| Plumber | $76,980 | $61,250 | -20% in Plano |
| Registered Nurse | $84,230 | $101,420 | +20% in Plano |
| Computer Systems Analyst | $101,890 | $122,520 | +20% in Plano |
| Server (Waiter/Waitress) | $29,050 | $24,160 | -17% in Plano |
| Market Research Analyst | $65,200 | $75,240 | +15% in Plano |
| Warehouse Worker | $44,180 | $38,510 | -13% in Plano |
Frequently asked questions
Is Indianapolis or Plano cheaper to live in?
Indianapolis is about 8% cheaper overall. Rent is $1,465 a month there versus $2,010 in Plano.
What salary do I need in Plano to match $60,000 in Indianapolis?
About $64,636 a year gives the same standard of living in Plano.
Where do people earn more, Indianapolis or Plano?
The typical household earns $71,417 in Indianapolis and $121,065 in Plano, 41% more in Plano.