Indianapolis vs Chicago

Indianapolis is cheaper to live in overall. Indianapolis has a cost of living index of 90 while Chicago has an index of 107, where 100 represents the US national average. Chicago is 19% more expensive than Indianapolis overall.

The median 1-bedroom rent in Indianapolis is $1,100 per month compared to $1,750 in Chicago. The median home price in Indianapolis is $220,000 versus $310,000 in Chicago. Housing is typically the largest factor in cost of living differences between cities.

Indianapolis has a cost of living index of 90 and Chicago has an index of 107, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Indianapolis, multiply by 1.19. For example a $75,000 salary in Indianapolis is equivalent to approximately $89,167 in Chicago.

Indianapolis has a median household income of $54,261 per year versus $62,097 in Chicago. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Indianapolis to Chicago is worthwhile depends on your salary, lifestyle, and priorities. Chicago is 19% more expensive overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.