Is Indianapolis, IN cheaper than Concord, NC?

Based on cost of living data, Indianapolis, IN is 6.1% cheaper than Concord, NC. This translates to saving $456 per month.

What salary do I need in Indianapolis, IN to live like I do in Concord, NC?

If you earn $150,000 in Concord, NC, you'd need approximately $144,525.008 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Concord, NC and Indianapolis, IN?

Housing in Indianapolis, IN is 8.1% cheaper than in Concord, NC. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,258/month in Concord, NC.

How much can I save per month by moving from Concord, NC to Indianapolis, IN?

Moving from Concord, NC to Indianapolis, IN could save you approximately $456 per month, or $5475 per year, based on a $150,000 salary.

Concord, NC vs Indianapolis, IN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Concord, NC — ZIP-level rent data · COL adjusted from Charlotte, NC area

Current salary in Concord, NC

Numbers update automatically as you type

You'd save $456/month moving to Indianapolis, IN

$150.0K in your current city equals $144.5K in Indianapolis, IN

Rent data from HUD ZIP-level estimates · COL index from Charlotte-Concord-Gastonia, NC-SC area

Overall Cost

↓ 6.1%

Less expensive

Monthly Impact

$456

Savings

Annual Impact

$5.5K

Per year

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

Concord, NC

Population:110K

Cost Index:100

Median Home:$371K

Indianapolis, IN

Population:888K

Cost Index:94

Median Home:$176K

Concord, NC

The Tar Heel State

110K

Population

State Tax

Yes

Located in North Carolina, this city has a population of 110K 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: Concord, NC vs Indianapolis, IN

Category	Concord, NC	Indianapolis, IN	Difference	Change
🏠Housing	$2,122/mo	$1,949/mo	↓ $173less	8.1%
🛒Groceries	$967/mo	$919/mo	↓ $47.43less	4.9%
🏥Healthcare	$624/mo	$582/mo	↓ $41.24less	6.6%
🚗Transportation	$1,148/mo	$1,188/mo	↑ $40.43more	3.5%
📦Other	$1,631/mo	$1,590/mo	↓ $40.35less	2.5%
⚡All Utilities	$507/mo	$503/mo	↓ $4.58less	0.9%

🏠Housing

↓ 8.1%

Concord, NC

$2,122

Indianapolis, IN

$1,949

Difference

$173

less

🛒Groceries

↓ 4.9%

Concord, NC

$967

Indianapolis, IN

$919

Difference

$47.43

less

🏥Healthcare

↓ 6.6%

Concord, NC

$624

Indianapolis, IN

$582

Difference

$41.24

less

🚗Transportation

↑ 3.5%

Concord, NC

$1,148

Indianapolis, IN

$1,188

Difference

$40.43

📦Other

↓ 2.5%

Concord, NC

$1,631

Indianapolis, IN

$1,590

Difference

$40.35

less

⚡All Utilities

↓ 0.9%

Concord, NC

$507

Indianapolis, IN

$503

Difference

$4.58

less

🏛️ Local Income Taxes

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

Concord, NC 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$1,096

To$1,030

↓ $66.00

1 Bed

From$1,145

To$1,170

↑ $25.00

2 Bed

From$1,258

To$1,360

↑ $102

3 Bed

From$1,546

To$1,760

↑ $214

Concord, NCZIP-level data

1BR range: $1,310–$1,510/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.

$6,998

Monthly in Concord, NC

$6,732

Monthly in Indianapolis, IN

$266

Difference

Home Values

Concord

Indianapolis

$371K

Median Value

$176K

↓ -2.4%

YoY Change

↓ -1.1%

↑ +40.1%

5-Year Change

↑ +26.9%

$336K - $406K

Price Range

$109K - $340K

Homes in Indianapolis are 52% less expensive than Concord

Calculate payment - Concord Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $2.3K

Per year

Monthly Difference

$190

More take-home

Effective Rate Diff

1.5%

Rate difference

Concord, NC

Federal Income Tax

Effective: 18.9%

$25.5K

North Carolina State Tax

Effective: 4.8%

$7.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.4%

$44.1K

Take-Home Pay

$8,822/month

$105.9K

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

Concord, NC Tax Rates

Sales Tax:7.1%

Property Tax:0.8%

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.