Is Indianapolis, IN cheaper than Brooklyn Park, MN?

Based on cost of living data, Indianapolis, IN is 16.4% cheaper than Brooklyn Park, MN. This translates to saving $1233 per month.

What salary do I need in Indianapolis, IN to live like I do in Brooklyn Park, MN?

If you earn $150,000 in Brooklyn Park, MN, you'd need approximately $135,205.589 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Brooklyn Park, MN and Indianapolis, IN?

Housing in Indianapolis, IN is 20.0% cheaper than in Brooklyn Park, MN. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $2,098/month in Brooklyn Park, MN.

How much can I save per month by moving from Brooklyn Park, MN to Indianapolis, IN?

Moving from Brooklyn Park, MN to Indianapolis, IN could save you approximately $1233 per month, or $14794 per year, based on a $150,000 salary.

Brooklyn Park, MN vs Indianapolis, IN: Cost of Living Comparison 2026

MoveNumbers

Tap to swap

Cost of Living Comparison 2026

📍 Brooklyn Park, MN — ZIP-level rent data · COL adjusted from Minneapolis, MN area

Current salary in Brooklyn Park, MN

Numbers update automatically as you type

You'd save $1.2K/month moving to Indianapolis, IN

$150.0K in your current city equals $135.2K in Indianapolis, IN

Rent data from HUD ZIP-level estimates · COL index from Minneapolis-St. Paul-Bloomington, MN-WI area

Overall Cost

↓ 16.4%

Less expensive

Monthly Impact

$1,233

Savings

Annual Impact

$14.8K

Per year

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

Brooklyn Park, MN

Population:82K

Cost Index:100

Median Home:$348K

Indianapolis, IN

Population:888K

Cost Index:84

Median Home:$176K

Brooklyn Park, MN

The North Star State

82K

Population

State Tax

Yes

Located in Minnesota, this city has a population of 82K 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: Brooklyn Park, MN vs Indianapolis, IN

Category	Brooklyn Park, MN	Indianapolis, IN	Difference	Change
🏠Housing	$2,435/mo	$1,949/mo	↓ $486less	20.0%
🏥Healthcare	$742/mo	$582/mo	↓ $160less	21.5%
🚗Transportation	$1,330/mo	$1,188/mo	↓ $142less	10.6%
📦Other	$1,711/mo	$1,590/mo	↓ $120less	7.0%
🛒Groceries	$1,011/mo	$919/mo	↓ $91.23less	9.0%
⚡All Utilities	$499/mo	$503/mo	↑ $3.76more	0.8%

🏠Housing

↓ 20.0%

Brooklyn Park, MN

$2,435

Indianapolis, IN

$1,949

Difference

$486

less

🏥Healthcare

↓ 21.5%

Brooklyn Park, MN

$742

Indianapolis, IN

$582

Difference

$160

less

🚗Transportation

↓ 10.6%

Brooklyn Park, MN

$1,330

Indianapolis, IN

$1,188

Difference

$142

less

📦Other

↓ 7.0%

Brooklyn Park, MN

$1,711

Indianapolis, IN

$1,590

Difference

$120

less

🛒Groceries

↓ 9.0%

Brooklyn Park, MN

$1,011

Indianapolis, IN

$919

Difference

$91.23

less

⚡All Utilities

↑ 0.8%

Brooklyn Park, MN

$499

Indianapolis, IN

$503

Difference

$3.76

🏛️ Local Income Taxes

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

Brooklyn Park, MN has no local income tax.

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

🏠Rent Comparison

Studio

From$1,524

To$1,030

↓ $494

1 Bed

From$1,721

To$1,170

↓ $551

2 Bed

From$2,098

To$1,360

↓ $738

3 Bed

From$2,778

To$1,760

↓ $1,018

Brooklyn Park, MNZIP-level data

1BR range: $2,100–$2,100/mo

Indianapolis, INZIP-level data

1BR range: $1,080–$1,870/mo

💡 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.

$7,727

Monthly in Brooklyn Park, MN

$6,732

Monthly in Indianapolis, IN

$995

Difference

Home Values

Brooklyn Park

Indianapolis

$348K

Median Value

$176K

↑ +1.8%

YoY Change

↓ -1.1%

↑ +19.6%

5-Year Change

↑ +26.9%

$348K

Price Range

$109K - $340K

Homes in Indianapolis are 49% less expensive than Brooklyn Park

Calculate payment - Brooklyn Park Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $5.6K

Per year

Monthly Difference

$466

More take-home

Effective Rate Diff

3.7%

Rate difference

Brooklyn Park, MN

Federal Income Tax

Effective: 18.9%

$25.5K

Minnesota State Tax

Effective: 7.0%

$10.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.6%

$47.4K

Take-Home Pay

$8,546/month

$102.6K

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

Brooklyn Park, MN Tax Rates

Sales Tax:8.0%

Property Tax:1.1%

Indianapolis, IN Tax Rates

Sales Tax:7.0%

Property Tax:0.9%

💡 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.