Side-by-side comparison

Indianapolis vs Miami

Cost of living comparison for Indianapolis, Indiana and Miami, Florida.

Bottom line

Miami is approximately 22% more expensive than Indianapolis. A single person needs about $3,762/mo in Miami versus $3,076/mo in Indianapolis.

Rent in Indianapolis vs Miami

HUD Fair Market Rents by bedroom count.

Indianapolis · Studio

$955

Miami · Studio

$1,711

Miami is $756 (79%) higher than Indianapolis

Indianapolis · 1 bedroom

$1,097

Miami · 1 bedroom

$1,898

Miami is $801 (73%) higher than Indianapolis

Indianapolis · 2 bedroom

$1,283

Miami · 2 bedroom

$2,329

Miami is $1,046 (82%) higher than Indianapolis

Indianapolis · 3 bedroom

$1,669

Miami · 3 bedroom

$3,008

Miami is $1,339 (80%) higher than Indianapolis

Income & earnings in Indianapolis vs Miami

Annual figures from Census ACS.

Indianapolis · Household income

$63,450

Miami · Household income

$68,694

Miami is $5,244 (8%) higher than Indianapolis

Indianapolis · Individual earnings

$41,112

Miami · Individual earnings

$38,213

Indianapolis is $2,899 (8%) higher than Miami

Indianapolis · Per capita

$36,355

Miami · Per capita

$37,858

Miami is $1,503 (4%) higher than Indianapolis

Home values in Indianapolis vs Miami

Average values and property tax.

Indianapolis · Average home value

$207,000

Miami · Average home value

$425,400

Miami is $218,400 (106%) higher than Indianapolis

Indianapolis · Annual property tax

$1,923

Miami · Annual property tax

$3,516

Miami is $1,593 (83%) higher than Indianapolis

Energy in Indianapolis vs Miami

Estimated monthly electricity and gas.

Indianapolis · Monthly electricity

$142

Miami · Monthly electricity

$176

Miami is $34 (24%) higher than Indianapolis

Indianapolis · Monthly gas

$57

Miami · Monthly gas

$21

Indianapolis is $36 (171%) higher than Miami

Indianapolis · Annual total

$2,388

Miami · Annual total

$2,364

Indianapolis is $24 (1%) higher than Miami

Healthcare in Indianapolis vs Miami

Marketplace premium estimates and coverage rate.

Indianapolis · Individual premium

$480

Miami · Individual premium

$480

Indianapolis and Miami are about the same

Indianapolis · Family premium

$1,350

Miami · Family premium

$1,350

Indianapolis and Miami are about the same

Indianapolis · Uninsured rate

9.0%

Miami · Uninsured rate

14.3%

Miami is 5.3% (59%) higher than Indianapolis

Taxes in Indianapolis vs Miami

State income and sales tax.

Indianapolis · State income tax

3.0%

Miami · State income tax

0.0%

Indianapolis is 3.0% higher than Miami

Indianapolis · State sales tax

7.0%

Miami · State sales tax

6.0%

Indianapolis is 1.0% (17%) higher than Miami

Indianapolis · Combined sales tax

7.0%

Miami · Combined sales tax

7.0%

Miami is 0.0% (0%) higher than Indianapolis

Transportation in Indianapolis vs Miami

Commute time and travel modes.

Indianapolis · Average commute

24.2 min

Miami · Average commute

31.0 min

Miami is 6.8 min (28%) higher than Indianapolis

Indianapolis · Drive alone

73.8%

Miami · Drive alone

70.7%

Indianapolis is 3.1% (4%) higher than Miami

Indianapolis · Public transit

1.3%

Miami · Public transit

3.3%

Miami is 2.0% (154%) higher than Indianapolis

Monthly cost estimates in Indianapolis vs Miami

All categories combined.

Indianapolis · Single person

$3,076

Miami · Single person

$3,762

Miami is $686 (22%) higher than Indianapolis

Indianapolis · Couple

$4,262

Miami · Couple

$5,291

Miami is $1,029 (24%) higher than Indianapolis

Indianapolis · Family

$6,776

Miami · Family

$8,128

Miami is $1,352 (20%) higher than Indianapolis

Frequently asked questions

Common questions comparing Indianapolis and Miami.

Is Indianapolis or Miami more expensive?

Miami is more expensive overall. A single person needs approximately $3,076/mo in Indianapolis, Indiana and $3,762/mo in Miami, Florida, a difference of about 22%.

What is the rent difference between Indianapolis and Miami?

Average one-bedroom rent in Indianapolis, Indiana is $1,097/mo versus $1,898/mo in Miami, Florida. Miami is approximately $801 (73%) more expensive for a one-bedroom apartment.

Which has higher income, Indianapolis or Miami?

Miami has the higher average household income. Indianapolis households earn approximately $63,450 per year; Miami households earn approximately $68,694 per year.

More on Indianapolis and Miami

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

Indianapolis profile Miami 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.