CostByCity

Indianapolis, IN vs Phoenix, AZ

Cost of Living Comparison

Indianapolis, IN is more affordable by 7.6 index points

Side-by-Side Comparison

CategoryIndianapolis, INPhoenix, AZDifference
Overall95.7103.3-7.6
Housing88.9121.2-32.3
Goods94.395.0-0.7
Utilities86.493.3-7.0
Other Services99.1104.0-4.9

Income & Housing Comparison

MetricIndianapolis, INPhoenix, AZ
Median Household Income$73,571$79,935
Median Home Value$223,300$360,600
Median Monthly Rent$1,081$1,432
Per Capita Income$40,445$40,787

Frequently Asked Questions

Is Indianapolis, IN or Phoenix, AZ cheaper to live in?
Indianapolis, IN is more affordable. The cost of living difference is 7.6 index points (Indianapolis, IN: 95.7, Phoenix, AZ: 103.3).
Where is housing cheaper, Indianapolis, IN or Phoenix, AZ?
Housing is more affordable in Indianapolis, IN. Housing index: Indianapolis, IN (88.9) vs Phoenix, AZ (121.2).