Is Indianapolis, IN cheaper than Coon Rapids, MN?

Based on cost of living data, Indianapolis, IN is 16.0% cheaper than Coon Rapids, MN. This translates to saving $1196 per month.

What salary do I need in Indianapolis, IN to live like I do in Coon Rapids, MN?

If you earn $150,000 in Coon Rapids, MN, you'd need approximately $135,644.9 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Coon Rapids, MN and Indianapolis, IN?

Housing in Indianapolis, IN is 19.5% cheaper than in Coon Rapids, MN. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,507/month in Coon Rapids, MN.

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

Moving from Coon Rapids, MN to Indianapolis, IN could save you approximately $1196 per month, or $14355 per year, based on a $150,000 salary.

Coon Rapids, MN vs Indianapolis, IN: Cost of Living Comparison 2026

MoveNumbers

Tap to swap

Cost of Living Comparison 2026

📍 Coon Rapids, MN — ZIP-level rent data · COL adjusted from Minneapolis, MN area

Current salary in Coon Rapids, MN

Numbers update automatically as you type

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

$150.0K in your current city equals $135.6K in Indianapolis, IN

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

Overall Cost

↓ 16.0%

Less expensive

Monthly Impact

$1,196

Savings

Annual Impact

$14.4K

Per year

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

Coon Rapids, MN

Population:63K

Cost Index:100

Median Home:$319K

Indianapolis, IN

Population:888K

Cost Index:84

Median Home:$176K

Coon Rapids, MN

The North Star State

63K

Population

State Tax

Yes

Located in Minnesota, this city has a population of 63K 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: Coon Rapids, MN vs Indianapolis, IN

Category	Coon Rapids, MN	Indianapolis, IN	Difference	Change
🏠Housing	$2,421/mo	$1,949/mo	↓ $472less	19.5%
🏥Healthcare	$740/mo	$582/mo	↓ $158less	21.3%
🚗Transportation	$1,322/mo	$1,188/mo	↓ $134less	10.1%
📦Other	$1,701/mo	$1,590/mo	↓ $110less	6.5%
🛒Groceries	$1,008/mo	$919/mo	↓ $88.30less	8.8%
⚡All Utilities	$497/mo	$503/mo	↑ $5.21more	1.0%

🏠Housing

↓ 19.5%

Coon Rapids, MN

$2,421

Indianapolis, IN

$1,949

Difference

$472

less

🏥Healthcare

↓ 21.3%

Coon Rapids, MN

$740

Indianapolis, IN

$582

Difference

$158

less

🚗Transportation

↓ 10.1%

Coon Rapids, MN

$1,322

Indianapolis, IN

$1,188

Difference

$134

less

📦Other

↓ 6.5%

Coon Rapids, MN

$1,701

Indianapolis, IN

$1,590

Difference

$110

less

🛒Groceries

↓ 8.8%

Coon Rapids, MN

$1,008

Indianapolis, IN

$919

Difference

$88.30

less

⚡All Utilities

↑ 1.0%

Coon Rapids, MN

$497

Indianapolis, IN

$503

Difference

$5.21

🏛️ Local Income Taxes

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

Coon Rapids, 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$1,096

To$1,030

↓ $66.00

1 Bed

From$1,238

To$1,170

↓ $68.00

2 Bed

From$1,507

To$1,360

↓ $147

3 Bed

From$1,996

To$1,760

↓ $236

Coon Rapids, MNZIP-level data

1BR range: $1,350–$1,690/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.

$7,689

Monthly in Coon Rapids, MN

$6,732

Monthly in Indianapolis, IN

$957

Difference

Home Values

Coon Rapids

Indianapolis

$319K

Median Value

$176K

↑ +3%

YoY Change

↓ -1.1%

↑ +23.2%

5-Year Change

↑ +26.9%

$309K - $330K

Price Range

$109K - $340K

Homes in Indianapolis are 45% less expensive than Coon Rapids

Calculate payment - Coon Rapids 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

Coon Rapids, 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

Coon Rapids, 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.