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

Indices DifferenceInfo
Consumer Prices in Indianapolis, IN are 1.9% higher than in Minneapolis, MN (without rent)
Consumer Prices Including Rent in Indianapolis, IN are 4.0% higher than in Minneapolis, MN
Rent Prices in Indianapolis, IN are 8.4% higher than in Minneapolis, MN
Restaurant Prices in Indianapolis, IN are 11.8% higher than in Minneapolis, MN
Groceries Prices in Indianapolis, IN are 13.4% lower than in Minneapolis, MN
Local Purchasing Power in Indianapolis, IN is 1.9% 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 77.50 $ 80.00 $      +3.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 10.50 $      +5.0 %
Domestic Beer (1 pint draught) 7.00 $ 7.00 $      0.0 %
Imported Beer (12 oz small bottle) 7.00 $ 9.00 $      +28.6 %
Cappuccino (regular) 5.68 $ 5.53 $      -2.7 %
Coke/Pepsi (12 oz small bottle) 2.87 $ 2.55 $      -11.4 %
Water (12 oz small bottle) 2.13 $ 2.40 $      +12.5 %
Markets
Minneapolis, MN Edit Indianapolis, IN Edit
Milk (regular), (1 gallon) 3.70 $ 3.32 $      -10.2 %
Loaf of Fresh White Bread (1 lb) 3.65 $ 2.95 $      -19.1 %
Rice (white), (1 lb) 2.24 $ 2.46 $      +9.8 %
Eggs (regular) (12) 3.62 $ 2.44 $      -32.6 %
Local Cheese (1 lb) 5.33 $ 5.00 $      -6.1 %
Chicken Fillets (1 lb) 6.40 $ 5.24 $      -18.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.58 $ 6.99 $      -7.7 %
Apples (1 lb) 2.70 $ 1.87 $      -30.5 %
Banana (1 lb) 0.91 $ 0.78 $      -13.8 %
Oranges (1 lb) 2.17 $ 2.75 $      +26.7 %
Tomato (1 lb) 2.88 $ 1.74 $      -39.7 %
Potato (1 lb) 1.43 $ 1.45 $      +1.2 %
Onion (1 lb) 1.65 $ 1.46 $      -11.5 %
Lettuce (1 head) 2.28 $ 1.41 $      -38.0 %
Water (1.5 liter bottle) 1.91 $ 2.03 $      +6.5 %
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 $ 3.00 $      +20.0 %
Monthly Pass (Regular Price) 90.00 $ 95.00 $      +5.6 %
Taxi Start (Normal Tariff) 5.00 $ 2.50 $      -50.0 %
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) 3.45 $ 3.65 $      +5.8 %
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 $ 254.31 $      +51.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.08 $ 64.11 $      +25.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 65.32 $ 81.82 $      +25.3 %
Sports And Leisure
Minneapolis, MN Edit Indianapolis, IN Edit
Fitness Club, Monthly Fee for 1 Adult 30.00 $ 47.25 $      +57.5 %
Tennis Court Rent (1 Hour on Weekend) 26.67 $ 32.00 $      +20.0 %
Cinema, International Release, 1 Seat 14.50 $ 12.50 $      -13.8 %
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) 60.58 $ 61.57 $      +1.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 $ 52.25 $      +16.1 %
1 Pair of Nike Running Shoes (Mid-Range) 91.00 $ 94.00 $      +3.3 %
1 Pair of Men Leather Business Shoes 121.25 $ 130.67 $      +7.8 %
Rent Per Month
Minneapolis, MN Edit Indianapolis, IN Edit
Apartment (1 bedroom) in City Centre 1,629.62 $ 1,592.50 $      -2.3 %
Apartment (1 bedroom) Outside of Centre 1,197.69 $ 1,178.12 $      -1.6 %
Apartment (3 bedrooms) in City Centre 2,657.73 $ 2,958.33 $      +11.3 %
Apartment (3 bedrooms) Outside of Centre 1,858.89 $ 2,233.33 $      +20.1 %
Buy Apartment Price
Minneapolis, MN Edit Indianapolis, IN Edit
Price per Square Feet to Buy Apartment in City Centre 304.09 $ 200.27 $      -34.1 %
Price per Square Feet to Buy Apartment Outside of Centre 233.75 $ 165.99 $      -29.0 %
Salaries And Financing
Minneapolis, MN Edit Indianapolis, IN Edit
Average Monthly Net Salary (After Tax) 4,604.53 $ 4,876.91 $      +5.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.62      +1.4 %
Last update: May 2024May 2024
Contributors in the past 12 months:9954