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Cost of Living in Indianapolis

IndexInfo
Cost of Living Index (Excl.Rent): 73.83
Rent Index: 30.64
Groceries Index: 76.20
Restaurants Index: 67.43
Cost of Living Plus Rent Index: 53.46
Local Purchasing Power: 96.99
Restaurants [ Edit ] Avg. Range
Meal, Inexpensive Restaurant 12.00 $ 10.00-15.00
Meal for 2 People, Mid-range Restaurant, Three-course 47.50 $ 35.00-50.00
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $ 6.00-8.00
Domestic Beer (1 pint draught) 3.88 $ 3.00-4.50
Imported Beer (11.2 oz small bottle) 5.00 $ 3.75-6.00
Cappuccino (regular) 3.91 $ 3.00-4.50
Coke/Pepsi (11.2 oz small bottle) 1.66 $ 1.25-2.00
Water (11.2 oz small bottle) 1.08 $ 1.00-1.50
Markets [ Edit ] Avg.
Milk (regular), (1 gallon) 2.55 $ 1.89-3.00
Loaf of Fresh White Bread (1 lb) 2.00 $ 1.80-2.29
Rice (white), (1 lb) 1.33 $ 1.00-2.00
Eggs (12) 2.77 $ 1.89-3.69
Local Cheese (1 lb) 4.71 $ 3.00-5.99
Chicken Breasts (Boneless, Skinless), (1 lb) 4.47 $ 2.99-6.00
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.87 $ 4.89-8.00
Apples (1 lb) 2.10 $ 1.75-3.00
Banana (1 lb) 0.65 $ 0.54-0.80
Oranges (1 lb) 2.97 $ 1.28-4.54
Tomato (1 lb) 1.79 $ 1.00-2.50
Potato (1 lb) 0.91 $ 0.50-1.36
Onion (1 lb) 1.16 $ 0.99-1.50
Lettuce (1 head) 1.11 $ 1.00-1.50
Water (1.5 liter bottle) 1.25 $ 1.00-2.00
Bottle of Wine (Mid-Range) 18.00 $ 10.00-20.00
Domestic Beer (0.5 liter bottle) 2.21 $ 1.50-3.00
Imported Beer (11.2 oz small bottle) 3.65 $ 3.00-4.50
Pack of Cigarettes (Marlboro) 5.77 $ 5.25-6.00
Transportation [ Edit ] Avg.
One-way Ticket (Local Transport) 2.00 $ 1.75-2.27
Monthly Pass (Regular Price) 60.00 $ 40.00-60.00
Taxi Start (Normal Tariff) 3.00 $ 3.00-4.25
Taxi 1 mile (Normal Tariff) 2.00 $ 2.00-3.50
Taxi 1hour Waiting (Normal Tariff) 29.50 $ 24.00-60.00
Gasoline (1 gallon) 2.06 $ 1.79-2.35
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,000.00 $ 20,000.00-29,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 21,250.00 $ 18,500.00-24,000.00
Utilities (Monthly) [ Edit ] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 122.66 $ 85.00-200.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $ 0.10-0.20
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 52.35 $ 40.00-70.00
Sports And Leisure [ Edit ] Avg.
Fitness Club, Monthly Fee for 1 Adult 29.00 $ 20.00-40.00
Tennis Court Rent (1 Hour on Weekend) 26.40 $ 17.00-40.00
Cinema, International Release, 1 Seat 10.00 $ 9.00-12.00
Clothing And Shoes [ Edit ] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 43.94 $ 30.00-50.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 34.82 $ 20.00-50.00
1 Pair of Nike Running Shoes (Mid-Range) 72.76 $ 60.00-90.00
1 Pair of Men Leather Business Shoes 99.17 $ 80.00-120.00
Rent Per Month [ Edit ] Avg.
Apartment (1 bedroom) in City Centre 1,016.69 $ 800.00-1,200.00
Apartment (1 bedroom) Outside of Centre 681.33 $ 600.00-850.00
Apartment (3 bedrooms) in City Centre 1,537.50 $ 1,000.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 966.67 $ 775.00-1,200.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 107.01 $ 100.00-120.00
Price per Square Feet to Buy Apartment Outside of Centre 74.51 $ 56.21-100.00
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 2,004.00 $
Mortgage Interest Rate in Percentages (%), Yearly 3.54 3.13-4.00

Prices in Indianapolis, Indiana, United States

These data are based on 937 entries in the past 18 months from 119 different contributors.
Last update: September, 2016
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Description:
Cost of living in Indianapolis is 26.00% lower than in New York (Info)Our estimator (with default settings) estimate monthly expenses for a single person at 841.35$ and for four person family at 3,045.96$ (without rent).
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10 Comments so far

#Wes Groleau on Aug 10, 2016 :
I lived in Fort Wayne for twenty years and I have been in Indianapolis several times. I do not believe one needs a car there. I haven't owned a car for six years.
#Diane on Feb 06, 2016 :
It is difficult to contribute to this information. Most people buy house rather than apartments or condominiums. I live in a 3 bed/2 bath home that is nothing special and it might sell for $150 thousand (US) as of this writing. But in my area, I'm the minority. Less than a mile away there are homes that are much larger and nicer that could sell for $500-750 thousand (US). Another issue is transportation. Indiana is seriously lacking in public transportation so you must have a car. A Honda Civic will run about $22,000 to purchase but registration for it will cost you maybe $500 (US) and decrease annually. Auto insurance may run $500-1000 (US) depending on your driving record. Two people live in my house and we pay an average for monthly utilities: $35/water&sewer ; $60 electricity ; $75 for gas heat, water heater, stove, and dryer. If this looks like good information for an Aussie to consider living here, I would tell you to do your homework first. Our current governor Pence has cost this state hundreds of millions of dollars with some of his ultra conservative/I'll-advised/prejudicial and just plain backward policies. That will all come home to roost in other ways as well.
#Priscilla on Jan 26, 2016 :
Actually, rent can be anywhere between $450-$2,000 a month for a one bedroom. It depends on the location and amenities. All apartments have central air/heating, garbage disposals, parking, and dishwashers. Most apartments have a clubhouse, pool, covered parking or garages, laundry facility on site, washer dryer hookups or in unit, fitness center, playground, private storage, etc. I have to say that most apartments here are nice. Fishers, Carmel, Geist are more expensive. So Indianapolis is usually less expensive unless you are downtown or at luxury apartments.
#tina on Jul 08, 2015 :
So incomes are lower than 2200 per month take home and rents are 1200-1500? Sounds like I won't be moving here anytime soon then.
#Rich on Jun 27, 2015 :
And @ mima it has nothing to do with being poor it's simply cheaper to live theirs tons of poor and homeless ppl in Chicago
#Rich on Jun 27, 2015 :
This other moron thinks that Indiana should raise taxes on tobacco their should've never been taxes in the first place why should we suffer because the government can't pay it's bills? Over all things are priced lower because it's easier to afford Indiana over let's say Chicago Chicago is ridiculous I don't know how people manage to live their I did but because I was in dcfs and they paid everything I'm moving out of Illinois period to Indiana because of morons who think we should suffer by inflation and raising prices for the Metra and pace cuts as well as raising prices for cta it's horrible how Chicago has become no wonder crime is rampant
#Sharona on Oct 08, 2014 :
Agreed ... The disposable income is ratioed too high. Maybe if your participators were located outside of Marion county in the suburb cities
They have disposable income for restaurants etc
Yet how about more localized; central Indianapolis, and lower incomed individuals should participate ?!
#bethany on Aug 08, 2014 :
@Mima it's not discussing the entire state, it's just looking at Indianapolis.
#john on Feb 11, 2014 :
cOULD someone tell me how much I should expect to pay for electricity if my apt heats with it as well as water and trash? Thanks.
#Mima on Jun 26, 2013 :
Uh, i'd say that disposable salery is much lower for avarege person, this is pretty poor state. Also, 3 bedroom appartment in city center or place like Broadripple is more $1.500-1.600, in Carmel $1.350.