Side-by-side comparison

Indianapolis vs Charlotte

Cost of living comparison for Indianapolis, Indiana and Charlotte, North Carolina.

Bottom line

Charlotte is approximately 22% more expensive than Indianapolis. A single person needs about $3,767/mo in Charlotte versus $3,076/mo in Indianapolis.

Rent in Indianapolis vs Charlotte

HUD Fair Market Rents by bedroom count.

Indianapolis · Studio

$955

Charlotte · Studio

$1,586

Charlotte is $631 (66%) higher than Indianapolis

Indianapolis · 1 bedroom

$1,097

Charlotte · 1 bedroom

$1,647

Charlotte is $550 (50%) higher than Indianapolis

Indianapolis · 2 bedroom

$1,283

Charlotte · 2 bedroom

$1,824

Charlotte is $541 (42%) higher than Indianapolis

Indianapolis · 3 bedroom

$1,669

Charlotte · 3 bedroom

$2,250

Charlotte is $581 (35%) higher than Indianapolis

Income & earnings in Indianapolis vs Charlotte

Annual figures from Census ACS.

Indianapolis · Household income

$63,450

Charlotte · Household income

$83,765

Charlotte is $20,315 (32%) higher than Indianapolis

Indianapolis · Individual earnings

$41,112

Charlotte · Individual earnings

$48,997

Charlotte is $7,885 (19%) higher than Indianapolis

Indianapolis · Per capita

$36,355

Charlotte · Per capita

$51,490

Charlotte is $15,135 (42%) higher than Indianapolis

Home values in Indianapolis vs Charlotte

Average values and property tax.

Indianapolis · Average home value

$207,000

Charlotte · Average home value

$371,200

Charlotte is $164,200 (79%) higher than Indianapolis

Indianapolis · Annual property tax

$1,923

Charlotte · Annual property tax

$2,780

Charlotte is $857 (45%) higher than Indianapolis

Energy in Indianapolis vs Charlotte

Estimated monthly electricity and gas.

Indianapolis · Monthly electricity

$142

Charlotte · Monthly electricity

$147

Charlotte is $5 (4%) higher than Indianapolis

Indianapolis · Monthly gas

$57

Charlotte · Monthly gas

$40

Indianapolis is $17 (43%) higher than Charlotte

Indianapolis · Annual total

$2,388

Charlotte · Annual total

$2,244

Indianapolis is $144 (6%) higher than Charlotte

Healthcare in Indianapolis vs Charlotte

Marketplace premium estimates and coverage rate.

Indianapolis · Individual premium

$480

Charlotte · Individual premium

$480

Indianapolis and Charlotte are about the same

Indianapolis · Family premium

$1,350

Charlotte · Family premium

$1,350

Indianapolis and Charlotte are about the same

Indianapolis · Uninsured rate

9.0%

Charlotte · Uninsured rate

11.6%

Charlotte is 2.6% (29%) higher than Indianapolis

Taxes in Indianapolis vs Charlotte

State income and sales tax.

Indianapolis · State income tax

3.0%

Charlotte · State income tax

4.5%

Charlotte is 1.5% (48%) higher than Indianapolis

Indianapolis · State sales tax

7.0%

Charlotte · State sales tax

4.8%

Indianapolis is 2.3% (47%) higher than Charlotte

Indianapolis · Combined sales tax

7.0%

Charlotte · Combined sales tax

7.0%

Indianapolis and Charlotte are about the same

Transportation in Indianapolis vs Charlotte

Commute time and travel modes.

Indianapolis · Average commute

24.2 min

Charlotte · Average commute

25.4 min

Charlotte is 1.2 min (5%) higher than Indianapolis

Indianapolis · Drive alone

73.8%

Charlotte · Drive alone

61.9%

Indianapolis is 11.9% (19%) higher than Charlotte

Indianapolis · Public transit

1.3%

Charlotte · Public transit

1.9%

Charlotte is 0.6% (46%) higher than Indianapolis

Monthly cost estimates in Indianapolis vs Charlotte

All categories combined.

Indianapolis · Single person

$3,076

Charlotte · Single person

$3,767

Charlotte is $691 (22%) higher than Indianapolis

Indianapolis · Couple

$4,262

Charlotte · Couple

$5,224

Charlotte is $962 (23%) higher than Indianapolis

Indianapolis · Family

$6,776

Charlotte · Family

$7,782

Charlotte is $1,006 (15%) higher than Indianapolis

Frequently asked questions

Common questions comparing Indianapolis and Charlotte.

Is Indianapolis or Charlotte more expensive?

Charlotte is more expensive overall. A single person needs approximately $3,076/mo in Indianapolis, Indiana and $3,767/mo in Charlotte, North Carolina, a difference of about 22%.

What is the rent difference between Indianapolis and Charlotte?

Average one-bedroom rent in Indianapolis, Indiana is $1,097/mo versus $1,647/mo in Charlotte, North Carolina. Charlotte is approximately $550 (50%) more expensive for a one-bedroom apartment.

Which has higher income, Indianapolis or Charlotte?

Charlotte has the higher average household income. Indianapolis households earn approximately $63,450 per year; Charlotte households earn approximately $83,765 per year.

More on Indianapolis and Charlotte

Read full profiles for either area, or pick a different pair to compare.

Indianapolis profile Charlotte profile Compare different areas

About this data

Figures come from official U.S. government sources including the Census Bureau (ACS), HUD Fair Market Rents, and the Energy Information Administration. See our methodology for details.