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Indianapolis vs New York City

Cost of living comparison for Indianapolis, Indiana and New York City, New York.

Bottom line

New York City is approximately 73% more expensive than Indianapolis. A single person needs about $5,319/mo in New York City versus $3,076/mo in Indianapolis.

Rent in Indianapolis vs New York City

HUD Fair Market Rents by bedroom count.

Indianapolis · Studio
$955
New York City · Studio
$2,406
New York City is $1,451 (152%) higher than Indianapolis
Indianapolis · 1 bedroom
$1,097
New York City · 1 bedroom
$2,511
New York City is $1,414 (129%) higher than Indianapolis
Indianapolis · 2 bedroom
$1,283
New York City · 2 bedroom
$2,780
New York City is $1,497 (117%) higher than Indianapolis
Indianapolis · 3 bedroom
$1,669
New York City · 3 bedroom
$3,465
New York City is $1,796 (108%) higher than Indianapolis

Income & earnings in Indianapolis vs New York City

Annual figures from Census ACS.

Indianapolis · Household income
$63,450
New York City · Household income
$104,553
New York City is $41,103 (65%) higher than Indianapolis
Indianapolis · Individual earnings
$41,112
New York City · Individual earnings
$75,255
New York City is $34,143 (83%) higher than Indianapolis
Indianapolis · Per capita
$36,355
New York City · Per capita
$94,922
New York City is $58,567 (161%) higher than Indianapolis

Home values in Indianapolis vs New York City

Average values and property tax.

Indianapolis · Average home value
$207,000
New York City · Average home value
$1,108,900
New York City is $901,900 (436%) higher than Indianapolis
Indianapolis · Annual property tax
$1,923
New York City · Annual property tax
$10,001
New York City is $8,078 (420%) higher than Indianapolis

Energy in Indianapolis vs New York City

Estimated monthly electricity and gas.

Indianapolis · Monthly electricity
$142
New York City · Monthly electricity
$140
Indianapolis is $2 (1%) higher than New York City
Indianapolis · Monthly gas
$57
New York City · Monthly gas
$68
New York City is $11 (19%) higher than Indianapolis
Indianapolis · Annual total
$2,388
New York City · Annual total
$2,496
New York City is $108 (5%) higher than Indianapolis

Healthcare in Indianapolis vs New York City

Marketplace premium estimates and coverage rate.

Indianapolis · Individual premium
$480
New York City · Individual premium
$480
Indianapolis and New York City are about the same
Indianapolis · Family premium
$1,350
New York City · Family premium
$1,350
Indianapolis and New York City are about the same
Indianapolis · Uninsured rate
9.0%
New York City · Uninsured rate
4.3%
Indianapolis is 4.7% (109%) higher than New York City

Taxes in Indianapolis vs New York City

State income and sales tax.

Indianapolis · State income tax
3.0%
New York City · State income tax
10.9%
New York City is 7.9% (257%) higher than Indianapolis
Indianapolis · State sales tax
7.0%
New York City · State sales tax
4.0%
Indianapolis is 3.0% (75%) higher than New York City
Indianapolis · Combined sales tax
7.0%
New York City · Combined sales tax
8.5%
New York City is 1.5% (22%) higher than Indianapolis

Transportation in Indianapolis vs New York City

Commute time and travel modes.

Indianapolis · Average commute
24.2 min
New York City · Average commute
31.4 min
New York City is 7.2 min (30%) higher than Indianapolis
Indianapolis · Drive alone
73.8%
New York City · Drive alone
5.7%
Indianapolis is 68.1% (1195%) higher than New York City
Indianapolis · Public transit
1.3%
New York City · Public transit
45.5%
New York City is 44.2% (3400%) higher than Indianapolis

Monthly cost estimates in Indianapolis vs New York City

All categories combined.

Indianapolis · Single person
$3,076
New York City · Single person
$5,319
New York City is $2,243 (73%) higher than Indianapolis
Indianapolis · Couple
$4,262
New York City · Couple
$6,684
New York City is $2,422 (57%) higher than Indianapolis
Indianapolis · Family
$6,776
New York City · Family
$9,554
New York City is $2,778 (41%) higher than Indianapolis

Frequently asked questions

Common questions comparing Indianapolis and New York City.

Is Indianapolis or New York City more expensive?

New York City is more expensive overall. A single person needs approximately $3,076/mo in Indianapolis, Indiana and $5,319/mo in New York City, New York, a difference of about 73%.

What is the rent difference between Indianapolis and New York City?

Average one-bedroom rent in Indianapolis, Indiana is $1,097/mo versus $2,511/mo in New York City, New York. New York City is approximately $1,414 (129%) more expensive for a one-bedroom apartment.

Which has higher income, Indianapolis or New York City?

New York City has the higher average household income. Indianapolis households earn approximately $63,450 per year; New York City households earn approximately $104,553 per year.

More on Indianapolis and New York City

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

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.