What is a pro or con of living in Indianapolis, Indianacompared to Memphis, Tennessee?

Median Home Cost is 49% more expensive in Indianapolis.

What salary do I need to live in Indianapolis, Indiana copmared to Memphis, Tennessee?

A salary of $50,000 in Memphis, Tennessee should increase to $54,774 in Indianapolis, 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.

MEMPHIS vs. INDIANAPOLIS
Cost of Living Comparison

Memphis, Tennessee vs. Indianapolis, Indiana

Cost of Living Comparison

The cost of living in Indianapolis, Indiana is 9.5% more expensive than Memphis, Tennessee.

You would need a salary of $54,774 in Indianapolis, Indiana to maintain the standard of living you have in Memphis, Tennessee.

Comparison highlights

• Overall, Indianapolis, Indiana is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
49% more expensive in Indianapolis
than in Memphis, Tennessee

Memphis, TN vs. Indianapolis, IN

Compared to Memphis, Indianapolis is:

Homeowner

No Child Care, Taxes not Considered

9.5% higher

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

0.3% higher

Housing (Homeowner)

66.8% higher

Housing (Rent)

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Median Home Cost

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Utilities

6.3% lower

Commute

3.9% lower

Health

3.6% higher

Taxes

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Childcare

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Personal

12.4% higher

Cost of Food

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Memphis, Tennessee vs. Indianapolis, Indiana

Cost of Living Comparison

Comparison highlights

Memphis, TN vs. Indianapolis, IN

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