Chicago, IL vs Indianapolis, IN
Cost of Living Comparison
Indianapolis, IN is more affordable by 7.9 index points
Side-by-Side Comparison
| Category | Chicago, IL | Indianapolis, IN | Difference |
|---|---|---|---|
| Overall | 103.6 | 95.7 | +7.9 |
| Housing | 112.0 | 88.9 | +23.1 |
| Goods | 107.3 | 94.3 | +12.9 |
| Utilities | 83.6 | 86.4 | -2.8 |
| Other Services | 100.5 | 99.1 | +1.4 |
Income & Housing Comparison
| Metric | Chicago, IL | Indianapolis, IN |
|---|---|---|
| Median Household Income | $85,087 | $73,571 |
| Median Home Value | $288,400 | $223,300 |
| Median Monthly Rent | $1,310 | $1,081 |
| Per Capita Income | $45,977 | $40,445 |
Frequently Asked Questions
Is Chicago, IL or Indianapolis, IN cheaper to live in?
Indianapolis, IN is more affordable. The cost of living difference is 7.9 index points (Chicago, IL: 103.6, Indianapolis, IN: 95.7).
Where is housing cheaper, Chicago, IL or Indianapolis, IN?
Housing is more affordable in Indianapolis, IN. Housing index: Chicago, IL (112.0) vs Indianapolis, IN (88.9).