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Cost of Living Comparison 2026

๐Ÿ“ Ankeny, IA โ€” ZIP-level rent data ยท COL adjusted from Des Moines, IA area

$

Numbers update automatically as you type

You'd save $79.79/month moving to Indianapolis, IN

$150.0K in your current city equals $149.0K in Indianapolis, IN

Rent data from HUD ZIP-level estimates ยท COL index from Des Moines-West Des Moines, IA area
Overall Cost
โ†“ 1.1%
Less expensive
Monthly Impact
$79.79
Savings
Annual Impact
$957
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Ankeny, IA

Population:74K
Cost Index:100
Median Home:$313K

Indianapolis, IN

Population:888K
Cost Index:99
Median Home:$176K

Ankeny, IA

The Hawkeye State

74K
Population
State Tax
Yes

Located in Iowa, this city has a population of 74K residents.

Indianapolis, IN

The Hoosier State

888K
Population
State Tax
Yes

Located in Indiana, this city has a population of 888K residents.

Cost Breakdown by Category

Annual spending: Ankeny, IA vs Indianapolis, IN

๐Ÿ Housing
โ†‘ 6.6%
Ankeny, IA
$1,828
Indianapolis, IN
$1,949
Difference
$121
more
๐ŸฅHealthcare
โ†“ 13.5%
Ankeny, IA
$674
Indianapolis, IN
$582
Difference
$91.27
less
โšกAll Utilities
โ†‘ 8.2%
Ankeny, IA
$464
Indianapolis, IN
$503
Difference
$38.21
more
๐Ÿš—Transportation
โ†“ 2.2%
Ankeny, IA
$1,215
Indianapolis, IN
$1,188
Difference
$26.13
less
๐Ÿ›’Groceries
โ†‘ 2.3%
Ankeny, IA
$899
Indianapolis, IN
$919
Difference
$20.48
more
๐Ÿ“ฆOther
โ†‘ 1.3%
Ankeny, IA
$1,570
Indianapolis, IN
$1,590
Difference
$20.12
more

๐Ÿ›๏ธ Local Income Taxes

Indianapolis, IN: Marion County Income Tax$3,030/yr (2.0%)

Ankeny, IA has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

๐Ÿ Rent Comparison

Studio
From$1,129
To$1,030
โ†“ $99.00
1 Bed
From$1,171
To$1,170
โ†“ $1.00
2 Bed
From$1,395
To$1,360
โ†“ $35.00
3 Bed
From$1,902
To$1,760
โ†“ $142
Ankeny, IAZIP-level data

1BR range: $1,410โ€“$1,410/mo

Indianapolis, INZIP-level data

1BR range: $1,080โ€“$1,870/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,650
Monthly in Ankeny, IA
$6,732
Monthly in Indianapolis, IN
$82.30
Difference

Home Values

Ankeny
Indianapolis
$313K
Median Value
$176K
โ†‘ +1.7%
YoY Change
โ†“ -1.1%
โ†‘ +27.4%
5-Year Change
โ†‘ +26.9%
$313K
Price Range
$109K - $340K

Homes in Indianapolis are 44% less expensive than Ankeny

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $5.9K
Per year
Monthly Difference
$488
More take-home
Effective Rate Diff
3.9%
Rate difference

Ankeny, IA

Federal Income Tax
Effective: 18.9%
$25.5K
Iowa State Tax
Effective: 7.1%
$10.7K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.8%
$47.7K
Take-Home Pay
$8,524/month
$102.3K

Indianapolis, IN

Federal Income Tax
Effective: 18.9%
$25.5K
Indiana State Tax
Effective: 3.2%
$4.8K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.9%
$41.9K
Take-Home Pay
$9,012/month
$108.1K

Additional Tax Information

Ankeny, IA Tax Rates

Sales Tax:7.4%
Property Tax:1.5%

Indianapolis, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Ankeny
Indianapolis
45 Good
Air Quality
54 Moderate
67.5%
Good Air Days
36.6%
92 Moderate
Climate Risk
97 High
๐ŸŒกโ˜€๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+3.4ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
25 days
Heat Days >95ยฐF
18 days
โ–ฒ+3.4ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
25 days
Heat Days >95ยฐF
18 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Iowa and Indiana on TaxTakeHome.com

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