Indianapolis, IN vs Springfield, MO
Cost of Living Comparison
Springfield, MO is more affordable by 7.1 index points
Side-by-Side Comparison
| Category | Indianapolis, IN | Springfield, MO | Difference |
|---|---|---|---|
| Overall | 95.7 | 88.6 | +7.1 |
| Housing | 88.9 | 65.6 | +23.3 |
| Goods | 94.3 | 94.2 | +0.1 |
| Utilities | 86.4 | 85.8 | +0.5 |
| Other Services | 99.1 | 93.0 | +6.1 |
Income & Housing Comparison
| Metric | Indianapolis, IN | Springfield, MO |
|---|---|---|
| Median Household Income | $73,571 | $58,291 |
| Median Home Value | $223,300 | $191,500 |
| Median Monthly Rent | $1,081 | $881 |
| Per Capita Income | $40,445 | $32,500 |
Frequently Asked Questions
Is Indianapolis, IN or Springfield, MO cheaper to live in?
Springfield, MO is more affordable. The cost of living difference is 7.1 index points (Indianapolis, IN: 95.7, Springfield, MO: 88.6).
Where is housing cheaper, Indianapolis, IN or Springfield, MO?
Housing is more affordable in Springfield, MO. Housing index: Indianapolis, IN (88.9) vs Springfield, MO (65.6).