Side-by-side cost of living comparison for 2026
Median Income: $49,955
Population: 887,642
Median Income: $75,413
Population: 978,908
When comparing Indianapolis and Austin, the overall cost of living differs by 27.1%. Austin carries a cost index of 108 compared to Indianapolis's 85, meaning your dollar stretches 21% further in Indianapolis.
Housing is where the most significant gap appears between these two cities. Indianapolis has a housing index of 76 compared to Austin's 120. This 44-point difference translates to substantial monthly savings on rent or mortgage payments in Indianapolis.
Indianapolis is more affordable for: Housing, Food & Groceries, Transportation, Healthcare, Utilities, Entertainment.
Austin is more affordable for: Taxes.
If you earn $60,000 in Indianapolis, you would need $76,235 in Austin to maintain the same standard of living. For a $100,000 salary, the equivalent would be $127,059.
The median household income in Indianapolis is $49,955 compared to $75,413 in Austin. Austin has higher incomes, though the higher cost of living may offset this advantage.
Safety: Indianapolis scores 4/10 while Austin scores 7/10 in our safety assessment.
Weather: Austin enjoys better weather with a score of 6/10 versus Indianapolis's 5/10.
Job Market: Austin has the stronger job market (9/10) compared to Indianapolis (6/10).
Indianapolis is the more affordable option overall, but cost is just one factor in deciding where to live. Consider your career opportunities, family needs, and lifestyle preferences alongside the financial comparison. Austin may justify its higher costs with a thriving job market that many residents find worthwhile.
