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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

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You'd spend $457/month more in Indianapolis, IN

$150.0K in your current city equals $155.5K in Indianapolis, IN

Rent data from HUD ZIP-level estimates · COL index from Cleveland-Elyria, OH area
Overall Cost
6.1%
More expensive
Monthly Impact
$457
Extra cost
Annual Impact
$5.5K
Per year

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

Cleveland, OH

Population:384K
Cost Index:
100
100 = national average
Median Home:$128K

Indianapolis, IN

Population:888K
Cost Index:
106
(6% above avg)
Median Home:$176K

Cleveland, OH

The Buckeye State

384K
Population
State Tax
Yes

Located in Ohio, this city has a population of 384K 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: Cleveland, OH vs Indianapolis, IN

Housing
17.2%
Cleveland, OH
$1,663
Indianapolis, IN
$1,949
Difference
$286
more
Transportation
13.0%
Cleveland, OH
$1,366
Indianapolis, IN
$1,188
Difference
$178
less
Healthcare
10.6%
Cleveland, OH
$527
Indianapolis, IN
$582
Difference
$55.76
more
Groceries
5.2%
Cleveland, OH
$969
Indianapolis, IN
$919
Difference
$49.96
less
All Utilities
8.2%
Cleveland, OH
$464
Indianapolis, IN
$503
Difference
$38.25
more
Other
2.2%
Cleveland, OH
$1,557
Indianapolis, IN
$1,590
Difference
$33.48
more

🏛️ Local Income Taxes

Cleveland, OH: Cleveland Municipal Income Tax$3,750/yr (2.5%)
Indianapolis, IN: Marion County Income Tax$3,030/yr (2.0%)
Net difference-$720/yr

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

🏠Rent Comparison

Studio
From$860
To$1,030
$170
1 Bed
From$980
To$1,170
$190
2 Bed
From$1,180
To$1,360
$180
3 Bed
From$1,520
To$1,760
$240
Cleveland, OHZIP-level data

1BR range: $810$1,590/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.

$6,546
Monthly in Cleveland, OH
$6,732
Monthly in Indianapolis, IN
$186
Difference

Home Values

Cleveland
Indianapolis
$128K
Median Value
$176K
↓ -2.1%
YoY Change
↓ -1.1%
↑ +21.7%
5-Year Change
↑ +26.9%
$59K - $291K
Price Range
$109K - $340K

Homes in Indianapolis are 37% more expensive than Cleveland

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
$418
More taxes
Monthly Difference
$34.81
Less take-home
Effective Rate Diff
0.3%
Rate difference

Cleveland, OH

Federal Income Tax
Effective: 18.9%
$25.5K
Ohio State Tax
Effective: 3.0%
$4.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 27.6%
$41.4K
Take-Home Pay
$9,047/month
$108.6K

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

Cleveland, OH Tax Rates

Sales Tax:7.2%
Property Tax:1.6%

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.

Environment

Cleveland
Indianapolis
54 Moderate
Air Quality
54 Moderate
37.2%
Good Air Days
36.6%
98 High
Climate Risk
97 High
🌊🌡🌪
Top Hazards
🌊🌡🌪
+3.3°F
2050 Outlook
+3.1°F
11 days
Heat Days >95°F
18 days
+3.3°F
2050 Outlook
+3.1°F
11 days
Heat Days >95°F
18 days

💰 See how taxes change too — compare take-home pay between Ohio and Indiana on TaxTakeHome.com

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