Cost of Living Comparison Between Minneapolis, MN and Indianapolis, IN 

Indices DifferenceInfo
Cost of Living in Indianapolis, IN is 4.3% lower than in Minneapolis, MN (without rent)
Cost of Living Including Rent in Indianapolis, IN is 5.0% lower than in Minneapolis, MN
Rent Prices in Indianapolis, IN are 6.4% lower than in Minneapolis, MN
Restaurant Prices in Indianapolis, IN are 6.5% higher than in Minneapolis, MN
Groceries Prices in Indianapolis, IN are 14.8% lower than in Minneapolis, MN
Local Purchasing Power in Indianapolis, IN is 12.2% higher than in Minneapolis, MN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Minneapolis, MN Edit Indianapolis, IN Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 25.00 $      +25.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 77.50 $      -3.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 10.50 $      +5.0 %
Domestic Beer (1 pint draught) 7.00 $ 6.00 $      -14.3 %
Imported Beer (12 oz small bottle) 7.00 $ 7.75 $      +10.7 %
Cappuccino (regular) 5.68 $ 4.65 $      -18.1 %
Coke/Pepsi (12 oz small bottle) 2.93 $ 2.58 $      -12.2 %
Water (12 oz small bottle) 2.13 $ 2.02 $      -5.1 %
Markets
Minneapolis, MN Edit Indianapolis, IN Edit
Milk (regular), (1 gallon) 3.70 $ 3.12 $      -15.5 %
Loaf of Fresh White Bread (1 lb) 3.65 $ 2.89 $      -20.7 %
Rice (white), (1 lb) 2.24 $ 2.38 $      +6.4 %
Eggs (regular) (12) 3.49 $ 2.37 $      -32.0 %
Local Cheese (1 lb) 5.11 $ 4.69 $      -8.2 %
Chicken Fillets (1 lb) 5.96 $ 4.84 $      -18.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.40 $ 6.66 $      -10.0 %
Apples (1 lb) 2.63 $ 1.71 $      -34.8 %
Banana (1 lb) 0.94 $ 0.61 $      -35.1 %
Oranges (1 lb) 2.29 $ 2.75 $      +19.8 %
Tomato (1 lb) 2.55 $ 1.74 $      -31.8 %
Potato (1 lb) 1.38 $ 1.45 $      +5.4 %
Onion (1 lb) 1.61 $ 1.46 $      -9.3 %
Lettuce (1 head) 2.33 $ 1.41 $      -39.3 %
Water (1.5 liter bottle) 2.03 $ 2.03 $      -0.0 %
Bottle of Wine (Mid-Range) 15.00 $ 14.00 $      -6.7 %
Domestic Beer (0.5 liter bottle) 2.13 $ 1.73 $      -18.9 %
Imported Beer (12 oz small bottle) 3.91 $ 2.56 $      -34.5 %
Cigarettes 20 Pack (Marlboro) 10.00 $ 8.00 $      -20.0 %
Transportation
Minneapolis, MN Edit Indianapolis, IN Edit
One-way Ticket (Local Transport) 2.50 $ 1.75 $      -30.0 %
Monthly Pass (Regular Price) 90.00 $ 60.00 $      -33.3 %
Taxi Start (Normal Tariff) 5.00 $ 2.00 $      -60.0 %
Taxi 1 mile (Normal Tariff) 1.75 $ 2.75 $      +57.1 %
Taxi 1hour Waiting (Normal Tariff) 37.00 $ 34.00 $      -8.1 %
Gasoline (1 gallon) 3.44 $ 3.58 $      +4.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,946.00 $ 35,000.00 $      +6.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,926.47 $ 24,944.15 $      -3.8 %
Utilities (Monthly)
Minneapolis, MN Edit Indianapolis, IN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 168.36 $ 240.00 $      +42.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.08 $ 59.62 $      +16.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 65.06 $ 77.22 $      +18.7 %
Sports And Leisure
Minneapolis, MN Edit Indianapolis, IN Edit
Fitness Club, Monthly Fee for 1 Adult 34.00 $ 36.33 $      +6.9 %
Tennis Court Rent (1 Hour on Weekend) 26.67 $ 32.00 $      +20.0 %
Cinema, International Release, 1 Seat 14.50 $ 12.00 $      -17.2 %
Childcare
Minneapolis, MN Edit Indianapolis, IN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,450.00 $ 1,855.00 $      +27.9 %
International Primary School, Yearly for 1 Child 24,406.67 $ 27,350.00 $      +12.1 %
Clothing And Shoes
Minneapolis, MN Edit Indianapolis, IN Edit
1 Pair of Jeans (Levis 501 Or Similar) 63.02 $ 51.17 $      -18.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 $ 44.67 $      -0.7 %
1 Pair of Nike Running Shoes (Mid-Range) 91.00 $ 65.80 $      -27.7 %
1 Pair of Men Leather Business Shoes 121.25 $ 92.00 $      -24.1 %
Rent Per Month
Minneapolis, MN Edit Indianapolis, IN Edit
Apartment (1 bedroom) in City Centre 1,629.62 $ 1,567.50 $      -3.8 %
Apartment (1 bedroom) Outside of Centre 1,197.69 $ 1,116.88 $      -6.7 %
Apartment (3 bedrooms) in City Centre 2,586.25 $ 2,375.00 $      -8.2 %
Apartment (3 bedrooms) Outside of Centre 1,858.89 $ 1,745.83 $      -6.1 %
Buy Apartment Price
Minneapolis, MN Edit Indianapolis, IN Edit
Price per Square Feet to Buy Apartment in City Centre 304.09 $ 183.65 $      -39.6 %
Price per Square Feet to Buy Apartment Outside of Centre 233.75 $ 143.65 $      -38.5 %
Salaries And Financing
Minneapolis, MN Edit Indianapolis, IN Edit
Average Monthly Net Salary (After Tax) 4,524.12 $ 4,823.83 $      +6.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.60      +0.9 %
Last update: June 2024June 2024
Contributors in the past 12 months:10255