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Tampa vs Indianapolis

Cost of living comparison — C2ER 2024-2025 data

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Indianapolis is 13% cheaper than Tampa overall.Tampa has a cost of living index of 104 vs Indianapolis at 90 (national average = 100). The biggest difference is housing Tampa costs 30% more.

Pierre
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Tampa
FL
104
COLI index
VS
Indianapolis
IN
90
COLI index

Category Breakdown

CategoryTampaIndianapolisDifference
Overall COLI10490-13%
Housing12890-30%
Groceries105100-5%
Transport110101-8%
Healthcare103101-2%
Utilities108104-4%

Median 1BR Rent

Tampa
$1,750/mo
Indianapolis
$1,100/mo

Median Home Price

Tampa
$360,000
Indianapolis
$220,000

Median Household Income

Tampa
$57,906
Indianapolis
$54,261

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Frequently Asked Questions

Indianapolis is cheaper to live in overall. Tampa has a cost of living index of 104 while Indianapolis has an index of 90, where 100 represents the US national average. Indianapolis is 13% cheaper than Tampa overall.

The median 1-bedroom rent in Tampa is $1,750 per month compared to $1,100 in Indianapolis. The median home price in Tampa is $360,000 versus $220,000 in Indianapolis. Housing is typically the largest factor in cost of living differences between cities.

Tampa has a cost of living index of 104 and Indianapolis has an index of 90, 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 Tampa, multiply by 0.87. For example a $75,000 salary in Tampa is equivalent to approximately $64,904 in Indianapolis.

Tampa has a median household income of $57,906 per year versus $54,261 in Indianapolis. 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 Tampa to Indianapolis is worthwhile depends on your salary, lifestyle, and priorities. Indianapolis is 13% cheaper 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.

Last updated: June 2026

Methodology: Cost of living indices from C2ER Cost of Living Index 2024-2025. Rent data from Zillow December 2024. Home price data from Zillow Home Value Index December 2024. Household income from US Census Bureau ACS 2023. National average COLI = 100. Data updated annually.