Cost of living, Indianapolis
95.7
BEA Regional Price Parity vs US average of 100 (2024). Indianapolis sits about 4.3% below national prices.
BLS OEWS median, May 2025, as of May 15, 2026. BEA RPP all-items, 2024. Disclaimer
- vs US
- −4.3%
- Metro
- Indianapolis
- CBSA
- 26900
Indianapolis all-items RPP is 95.7 (2024), about 4.3% below US-average prices. A $90,000 salary at national prices maps to about $86,130 here for equal purchasing power.
Price components in Indianapolis
| Component | Indianapolis | US |
|---|---|---|
| All items | 95.7 | 100 |
| Goods | 94.3 | 100 |
| Housing (rents) | 88.9 | 100 |
| Other services | 99.1 | 100 |
BEA Regional Price Parities 2024, US = 100.
What a US-average salary buys in Indianapolis
| At US average | In Indianapolis |
|---|---|
| $60,000 | $57,420 |
| $90,000 | $86,130 |
| $150,000 | $143,550 |
Local equivalent = national salary × (95.7 ÷ 100). BEA RPP 2024.
Top wages here
FAQ
- What is the cost of living in Indianapolis?
- The BEA Regional Price Parity (all items, 2024) for Indianapolis-Carmel-Greenwood, IN is 95.7, versus a US average of 100 (−4.3%).
- How is RPP different from CPI?
- CPI tracks price change over time. RPP compares price levels across places in a given year versus the national average of 100. PayByCity uses RPP for cross-metro purchasing power, including goods, housing rents, and other services components.
- How should I use this with OEWS wages?
- Pair local BLS OEWS medians (May 2025) with this RPP. A $90,000 salary at US-average prices maps to about $86,130 in Indianapolis for equal purchasing power.
- Does this include taxes or housing alone?
- No. All-items RPP is a broad price-level index. Component indexes show goods, rents, and other services separately, but this is not a rent quote, tax estimate, or household budget.
What this covers
Includes
- BEA Regional Price Parities (all items, goods, housing rents, other services)
- BLS OEWS median wages, percentile bands, and employment where published
- Purchasing-power math: salary × (destination RPP ÷ origin RPP)
Does not include
- Federal, state, or local income taxes
- Childcare, healthcare premiums, or leave benefits
- Job openings. OEWS employment is a published stock estimate, not hiring demand
Highest wages here
- Physicians, All Other , 3,730 OEWS emp. $364,040
- Chief Executives , 870 OEWS emp. $256,320
- Architectural and Engineering Managers , 1,740 OEWS emp. $159,640
- Computer and Information Systems Managers , 3,880 OEWS emp. $155,230
- Pharmacists , 2,220 OEWS emp. $151,050
- Financial Managers , 5,230 OEWS emp. $146,620
See methodology and disclaimer.