Indianapolis, IN vs Minneapolis, MN
Cost of Living Comparison
Indianapolis, IN is more affordable by 9.1 index points
Side-by-Side Comparison
| Category | Indianapolis, IN | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 95.7 | 104.8 | -9.1 |
| Housing | 88.9 | 111.8 | -22.9 |
| Goods | 94.3 | 103.1 | -8.7 |
| Utilities | 86.4 | 93.5 | -7.1 |
| Other Services | 99.1 | 104.4 | -5.3 |
Income & Housing Comparison
| Metric | Indianapolis, IN | Minneapolis, MN |
|---|---|---|
| Median Household Income | $73,571 | $94,673 |
| Median Home Value | $223,300 | $334,200 |
| Median Monthly Rent | $1,081 | $1,324 |
| Per Capita Income | $40,445 | $49,334 |
Frequently Asked Questions
Is Indianapolis, IN or Minneapolis, MN cheaper to live in?
Indianapolis, IN is more affordable. The cost of living difference is 9.1 index points (Indianapolis, IN: 95.7, Minneapolis, MN: 104.8).
Where is housing cheaper, Indianapolis, IN or Minneapolis, MN?
Housing is more affordable in Indianapolis, IN. Housing index: Indianapolis, IN (88.9) vs Minneapolis, MN (111.8).