Are you considering a move to Indianapolis, Indiana, United States, and wondering about the cost of living? Indianapolis, Indiana is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Indianapolis, Indiana and help you understand whether $3312 per month is moderately priced, given the average monthly salary of $4441.09.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
25.0 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
77.5 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
9.0 $ |
|
|
Domestic Beer (1 pint draught) |
5.0 $ |
|
|
Imported Beer (12 oz small bottle) |
6.0 $ |
|
|
Cappuccino (regular) |
4.17 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
1.98 $ |
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Water (12 oz small bottle) |
1.68 $ |
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Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
0.88 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
2.93 $ |
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Rice (white), (1 lb) |
4.94 $ |
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|
Eggs (regular) (12) |
2.31 $ |
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Local Cheese (1 lb) |
8.81 $ |
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Chicken Fillets (1 lb) |
12.37 $ |
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Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
15.7 $ |
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Apples (1 lb) |
4.03 $ |
|
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Banana (1 lb) |
1.78 $ |
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Oranges (1 lb) |
5.51 $ |
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Tomato (1 lb) |
3.79 $ |
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Potato (1 lb) |
4.6 $ |
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Onion (1 lb) |
2.96 $ |
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Lettuce (1 head) |
1.69 $ |
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Water (1.5 liter bottle) |
2.05 $ |
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|
Bottle of Wine (Mid-Range) |
12.0 $ |
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Domestic Beer (0.5 liter bottle) |
1.73 $ |
|
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Imported Beer (12 oz small bottle) |
3.06 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
8.0 $ |
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Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
1.75 $ |
|
|
Monthly Pass (Regular Price) |
60.0 $ |
|
|
Taxi Start (Normal Tariff) |
4.25 $ |
|
|
Taxi 1 mile (Normal Tariff) |
1.38 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
24.0 $ |
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|
Gasoline (1 gallon) |
0.98 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
25000.0 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25510.67 $ |
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|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
237.5 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
73.0 $ |
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Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
43.0 $ |
|
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Tennis Court Rent (1 Hour on Weekend) |
18.33 $ |
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Cinema, International Release, 1 Seat |
11.5 $ |
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Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1216.67 $ |
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International Primary School, Yearly for 1 Child |
14533.33 $ |
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Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
45.88 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
32.83 $ |
|
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1 Pair of Nike Running Shoes (Mid-Range) |
70.57 $ |
|
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1 Pair of Men Leather Business Shoes |
87.5 $ |
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|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
1473.0 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
1205.0 $ |
|
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Apartment (3 bedrooms) in City Centre |
2325.0 $ |
|
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Apartment (3 bedrooms) Outside of Centre |
1818.75 $ |
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Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
2762.74 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
1722.23 $ |
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Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
4441.09 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.65 % |
|
The monthly expenses for living in Indianapolis, Indiana come to a total of approximately $3312. This includes an average monthly rent of around $1473 for a one-bedroom apartment in the city center, along with utilities costing about $274 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $945 per month.
Living in Indianapolis, Indiana appears to be relatively budget-friendly when considering the average monthly income of $4441.09. However, to enjoy a comfortable standard of living in Indianapolis, Indiana, you would likely need an income exceeding $4441.09.
In Indianapolis, Indiana, the average monthly post-tax salary hovers around $4441.09, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Indianapolis, Indiana is approximately $1473. If you're open to living in a location outside the city center, you can expect to pay around $1205.0 for such an apartment.
The expense for groceries in Indianapolis, Indiana can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $740 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in United States can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout United States.
There's a medium overall risk here, with Indy being named one of the most dangerous cities in America and a growing violent crime rate showing no signs of slowing down. Is there anything that makes Indianapolis exclusively more dangerous than, say, Chicago? No. It's just important for tourists to know there is a lot of violent crime here so they can take proper precautions.
IndyGo is the bus system here, but this city loves its cars, so it's not as popular as other modes of transportation and has its fair share of crime. Taxis, rideshares, and rental cars are available. Having a car here brings its own set of safety concerns, mainly car break-ins.
There's a medium risk here, with nearly 300 pickpockets in 2020, and that was the pandemic year with lockdowns and fewer people on the streets. You should carry small purses that can be across your body and keep wallets in your front pocket or in hidden jacket pockets.
Indianapolis gets a wide variety of storm risks, from winter blizzards and ice storms to severe thunderstorms and tornadoes. Flooding is another risk you need to be aware of when visiting. Extreme temperatures can happen in winter and summer.
The robbery risk is three times the national average and growing. This isn't a city where you want to drive through neighborhoods or just drive around randomly. Stick to main streets and use GPS to get from one destination to the next. If you are confronted by a robber, don't fight back. Try to remember as much as you can to be a good witness. The medium risk here is more about awareness and prevention than an ongoing major risk of getting robbed while walking down the street.
A medium-risk exists in this category as well since it's such a large city and transportation hub. Homeland Security will really beef up patrols and surveillance during the Indy 500 over Memorial Day weekend each year.
There are a lot of scams here, but mainly focused on locals. Scammers are known for creating a sense of urgency and a "rock bottom deal" if you act "now." Don't fall for any scam like this. Don't send any money through a mobile app that isn't initiated by you, and never wire money to secure a rental home or condo.
Women actually have a lower risk than men of being a victim of violent crime, according to 2020 crime data. The sexual assault rate is 30% higher here than the national average. The same medium risk exists for any gender, and you should avoid walking around alone at night.
Citizens Energy Group provides tap water for this region. There are three areas serviced and each one has its own separate Water Quality Report listing. For 2021, all water tested was found in full compliance with no violations. The utility has a Water Wizard FAQ section on its website if you want to learn more.
Indianapolis International Airport is on the southwest side of town, about 20 minutes from downtown in smooth traffic. Plan for 30-45 minutes to be safe.
You'll need a U.S. Travel or Work Visa to get into the country. Check the U.S. State Department website to see if you're in a country that allows a Visa Waiver. This process can take several months, so start planning early.
The U.S. Dollar (USD) is the only currency allowed here. You can exchange currency at the airport or one of many banks in the city. Never use a public ATM here, especially at night. You can get by without cash here too. Using a credit card provides better fraud protection anyway.
The weather is cold in the winter and hot in the summer, but other than that, the weather can really fluctuate here. The joke is that you can have all four seasons in one day, and if you don't like the weather now - wait a few minutes, it will change. Bring layers of clothing, so you're not stuck sweating or freezing. You'll need good walking shoes and bug spray too.
Travel insurance is critical to protecting your travel investment, baggage, and health. If you are renting a car, make sure you know what insurance is covered by your own car policy and what supplemental insurance might be smart. Ask your own insurance agent about this because the rental car company will try to sell you the highest-priced insurance.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 36°F | 41°F | 52°F | 64°F | 74°F | 82°F | 85°F | 83°F | 77°F | 65°F | 52°F | 40°F |
| Temp | 28°F | 32°F | 42°F | 53°F | 64°F | 73°F | 76°F | 74°F | 67°F | 55°F | 44°F | 33°F |
| Low | 23°F | 26°F | 35°F | 45°F | 55°F | 64°F | 67°F | 65°F | 58°F | 47°F | 37°F | 27°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 2°C | 5°C | 11°C | 17°C | 23°C | 27°C | 29°C | 28°C | 25°C | 18°C | 11°C | 4°C |
| Temp | -2°C | 0°C | 5°C | 11°C | 17°C | 22°C | 24°C | 23°C | 19°C | 12°C | 6°C | 0°C |
| Low | -5°C | -3°C | 1°C | 7°C | 12°C | 17°C | 19°C | 18°C | 14°C | 8°C | 2°C | -2°C |