Indianapolis, IN

Cost of Living in Indianapolis, IN (2026): Rent, Utilities & Take-Home

$3,068/mo in Indianapolis. $2,485 left each month. Prices 8% below the US average.

Compare vs Chicago Rank metros from IndianapolisHow we figure this

Monthly costs

Take-home $5,553/mo.

Taxes$1,873
Rent$1,189
Other living costs$1,879
Left over$2,485

Pay and tax, per year

Gross household pay: $89,119
Federal income tax: −$11,220
Social Security and Medicare: −$6,818
State income tax (IN): −$2,644
City / county wage tax: −$1,800
Take-home pay: $66,637
Effective tax rate: 25.2%

Living costs, per month

Rent, 1br: $1,189
Groceries: $368
Getting around: $545
Healthcare: $414
Utilities and internet: $230
Everything else: $322
Total spending: $3,068

Left over each month

$7,427 gross, minus $1,873 in tax and $3,068 in living costs.

$2,485

Average electric bill in Indiana

About $144 a month for a household using 900 kWh. That is the EIA residential price for Indiana in 2025, 15.96¢ per kWh. It is a state average, not a Indianapolis utility bill, and the utilities line in the monthly costs above already includes a modelled power cost.

Cost of Living in Indianapolis, IN (2026): Rent, Utilities & Take-Home

Monthly costs

Pay and tax, per year

Living costs, per month

Average electric bill in Indiana

Take-home by job in Indianapolis

Other Indiana metros

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