Moving from Anchorage to Indianapolis

Moving to Indianapolis costs you $343 a month

−$4,116 a year for the same registered nurse, the same household size, and the same number of bedrooms.

Anchorage leftover

$2,806

a month after tax and rent

Indianapolis leftover

$2,463

−$343 vs Anchorage

Monthly and annual budget comparison between Anchorage, AK and Indianapolis, IN
Per monthAnchorageIndianapolisDifference
Gross pay$8,167$7,417−$749
Income and payroll tax$1,723$1,870+$148
Take-home pay$6,444$5,547−$897
Rent$1,346$1,205−$141
Getting around$636$545−$91
Groceries$457$368−$89
Healthcare$514$414−$100
Utilities$286$230−$56
Everything else$400$322−$78
Left over$2,806$2,463−$343

To break even in Indianapolis, you'd need to earn

$95,500

Household gross, versus $98,000 today. That's the salary that leaves you exactly as much at the end of the month as Anchorage does now.

The tax difference alone

−$4,438

A year, in state and local income tax. Effective rates: 21.1% in Anchorage, 25.2% in Indianapolis.

More about Indianapolis

Anchorage, AK in full

No state income tax, a median 2-bedroom asking rent of $1,602 and 138 sunny days; commutes average 23 minutes.

Indianapolis, IN in full

Cheap housing, a 3% flat state tax, and a short commute.

The reverse move

Same two cities, but starting from Indianapolis on Indianapolis wages.

IndianapolisAnchorage

Questions

Is the cost of living lower in Indianapolis than Anchorage?

A one-bedroom is about $1,346 in Anchorage versus $1,205 in Indianapolis. On a one-adult, one-bedroom household, leftover is about $343 a month lower in Indianapolis. Change the job or household on the comparison to see your number.

Does Indianapolis have state income tax?

Indianapolis is in Indiana, which taxes wage income, plus a local wage tax of 2.02%.

What changes if you move from Anchorage to Indianapolis?

Take-home pay is recalculated under Indiana tax, rent is priced at the same bedroom count, and leftover is the gap. The from-to page also lists IRS households that already made the move, when that data exists.

Rent is Zillow's asking rent for each metro; taxes and living costs are modelled. An estimate, not a quote or tax advice. How this is calculated.