Is Indianapolis, IN cheaper than Edgewood, MD?

Based on cost of living data, Indianapolis, IN is 11.9% cheaper than Edgewood, MD. This translates to saving $896 per month.

What salary do I need in Indianapolis, IN to live like I do in Edgewood, MD?

If you earn $150,000 in Edgewood, MD, you'd need approximately $139,246.922 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Edgewood, MD and Indianapolis, IN?

Housing in Indianapolis, IN is 25.5% cheaper than in Edgewood, MD. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,307/month in Edgewood, MD.

How much can I save per month by moving from Edgewood, MD to Indianapolis, IN?

Moving from Edgewood, MD to Indianapolis, IN could save you approximately $896 per month, or $10753 per year, based on a $150,000 salary.

Edgewood, MD vs Indianapolis, IN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Edgewood, MD — COL adjusted from Baltimore, MD area + state data

Current salary in Edgewood, MD

Numbers update automatically as you type

You'd save $896/month moving to Indianapolis, IN

$150.0K in your current city equals $139.2K in Indianapolis, IN

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 11.9%

Less expensive

Monthly Impact

$896

Savings

Annual Impact

$10.8K

Per year

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

Edgewood, MD

Population:26K

Cost Index:100

Median Home:$218K

Indianapolis, IN

Population:888K

Cost Index:88

Median Home:$176K

Edgewood, MD

The Old Line State

26K

Population

State Tax

Yes

Located in Maryland, this city has a population of 26K 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: Edgewood, MD vs Indianapolis, IN

Category	Edgewood, MD	Indianapolis, IN	Difference	Change
🏠Housing	$2,616/mo	$1,949/mo	↓ $667less	25.5%
🛒Groceries	$1,052/mo	$919/mo	↓ $132less	12.6%
🚗Transportation	$1,286/mo	$1,188/mo	↓ $97.59less	7.6%
⚡All Utilities	$586/mo	$503/mo	↓ $82.87less	14.2%
🏥Healthcare	$568/mo	$582/mo	↑ $14.13more	2.5%
📦Other	$1,592/mo	$1,590/mo	↓ $1.28less	0.1%

🏠Housing

↓ 25.5%

Edgewood, MD

$2,616

Indianapolis, IN

$1,949

Difference

$667

less

🛒Groceries

↓ 12.6%

Edgewood, MD

$1,052

Indianapolis, IN

$919

Difference

$132

less

🚗Transportation

↓ 7.6%

Edgewood, MD

$1,286

Indianapolis, IN

$1,188

Difference

$97.59

less

⚡All Utilities

↓ 14.2%

Edgewood, MD

$586

Indianapolis, IN

$503

Difference

$82.87

less

🏥Healthcare

↑ 2.5%

Edgewood, MD

$568

Indianapolis, IN

$582

Difference

$14.13

📦Other

↓ 0.1%

Edgewood, MD

$1,592

Indianapolis, IN

$1,590

Difference

$1.28

less

🏛️ Local Income Taxes

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

Edgewood, MD 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$911

To$1,030

↑ $119

1 Bed

From$1,070

To$1,170

↑ $100

2 Bed

From$1,307

To$1,360

↑ $53.00

3 Bed

From$1,743

To$1,760

↑ $17.00

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.

$7,699

Monthly in Edgewood, MD

$6,732

Monthly in Indianapolis, IN

$967

Difference

Home Values

Edgewood

Indianapolis

Median Value

$176K

YoY Change

↓ -1.1%

5-Year Change

↑ +26.9%

Price Range

$109K - $340K

Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $2.4K

Per year

Monthly Difference

$201

More take-home

Effective Rate Diff

1.6%

Rate difference

Edgewood, MD

Federal Income Tax

Effective: 18.9%

$25.5K

Maryland State Tax

Effective: 4.8%

$7.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.5%

$44.3K

Take-Home Pay

$8,811/month

$105.7K

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

Edgewood, MD Tax Rates

Sales Tax:6.0%

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.