What is a pro or con of living in New Albany, Indianacompared to Indianapolis, Indiana?

Median Home Cost is 11% cheaper in New Albany.

What salary do I need to live in New Albany, Indiana copmared to Indianapolis, Indiana?

A salary of $50,000 in Indianapolis, Indiana could decrease to $49,647 in New Albany, Indiana (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

INDIANAPOLIS vs. NEW ALBANY
Cost of Living Comparison

Indianapolis, Indiana vs. New Albany, Indiana

Cost of Living Comparison

The cost of living in New Albany, Indiana is 0.7% cheaper than Indianapolis, Indiana.

You would need a salary of $49,647 in New Albany, Indiana to maintain the standard of living you have in Indianapolis, Indiana.

Comparison highlights

• Overall, New Albany, Indiana is cheaper than Indianapolis, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
11% cheaper in New Albany
than in Indianapolis, Indiana

Indianapolis, IN vs. New Albany, IN

Compared to Indianapolis, New Albany is:

Homeowner

No Child Care, Taxes not Considered

0.7% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

1.5% higher

Housing (Homeowner)

2.3% lower

Housing (Rent)

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Median Home Cost

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Utilities

6.0% higher

Commute

1.4% lower

Health

12.4% lower

Taxes

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Childcare

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Personal

1.6% higher

Cost of Food

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Indianapolis, Indiana vs. New Albany, Indiana

Cost of Living Comparison

Comparison highlights

Indianapolis, IN vs. New Albany, IN

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