Is Indianapolis, IN cheaper than Fredericksburg, VA?

Based on cost of living data, Indianapolis, IN is 31.4% cheaper than Fredericksburg, VA. This translates to saving $2353 per month.

What salary do I need in Indianapolis, IN to live like I do in Fredericksburg, VA?

If you earn $150,000 in Fredericksburg, VA, you'd need approximately $121,761.076 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Fredericksburg, VA and Indianapolis, IN?

Housing in Indianapolis, IN is 58.2% cheaper than in Fredericksburg, VA. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,418/month in Fredericksburg, VA.

How much can I save per month by moving from Fredericksburg, VA to Indianapolis, IN?

Moving from Fredericksburg, VA to Indianapolis, IN could save you approximately $2353 per month, or $28239 per year, based on a $150,000 salary.

Fredericksburg, VA vs Indianapolis, IN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Fredericksburg, VA — ZIP-level rent data · COL adjusted from Washington, DC area

Current salary in Fredericksburg, VA

Numbers update automatically as you type

You'd save $2.4K/month moving to Indianapolis, IN

$150.0K in your current city equals $121.8K in Indianapolis, IN

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

Overall Cost

↓ 31.4%

Less expensive

Monthly Impact

$2,353

Savings

Annual Impact

$28.2K

Per year

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

Fredericksburg, VA

Population:29K

Cost Index:100

Median Home:$456K

Indianapolis, IN

Population:888K

Cost Index:69

Median Home:$176K

Fredericksburg, VA

The Old Dominion State

29K

Population

State Tax

Yes

Located in Virginia, this city has a population of 29K 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: Fredericksburg, VA vs Indianapolis, IN

Category	Fredericksburg, VA	Indianapolis, IN	Difference	Change
🏠Housing	$4,662/mo	$1,949/mo	↓ $2,713less	58.2%
🚗Transportation	$1,572/mo	$1,188/mo	↓ $384less	24.4%
📦Other	$1,522/mo	$1,590/mo	↑ $68.40more	4.5%
🛒Groceries	$986/mo	$919/mo	↓ $66.29less	6.7%
⚡All Utilities	$464/mo	$503/mo	↑ $38.61more	8.3%
🏥Healthcare	$577/mo	$582/mo	↑ $5.24more	0.9%

🏠Housing

↓ 58.2%

Fredericksburg, VA

$4,662

Indianapolis, IN

$1,949

Difference

$2,713

less

🚗Transportation

↓ 24.4%

Fredericksburg, VA

$1,572

Indianapolis, IN

$1,188

Difference

$384

less

📦Other

↑ 4.5%

Fredericksburg, VA

$1,522

Indianapolis, IN

$1,590

Difference

$68.40

🛒Groceries

↓ 6.7%

Fredericksburg, VA

$986

Indianapolis, IN

$919

Difference

$66.29

less

⚡All Utilities

↑ 8.3%

Fredericksburg, VA

$464

Indianapolis, IN

$503

Difference

$38.61

🏥Healthcare

↑ 0.9%

Fredericksburg, VA

$577

Indianapolis, IN

$582

Difference

$5.24

🏛️ Local Income Taxes

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

Fredericksburg, VA 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$1,234

To$1,030

↓ $204

1 Bed

From$1,273

To$1,170

↓ $103

2 Bed

From$1,418

To$1,360

↓ $58.00

3 Bed

From$1,790

To$1,760

↓ $30.00

Fredericksburg, VAZIP-level data

1BR range: $1,570–$1,830/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.

$9,783

Monthly in Fredericksburg, VA

$6,732

Monthly in Indianapolis, IN

$3,051

Difference

Home Values

Fredericksburg

Indianapolis

$456K

Median Value

$176K

↑ +0.9%

YoY Change

↓ -1.1%

↑ +33%

5-Year Change

↑ +26.9%

$440K - $564K

Price Range

$109K - $340K

Homes in Indianapolis are 61% less expensive than Fredericksburg

Calculate payment - Fredericksburg Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $3.5K

Per year

Monthly Difference

$294

More take-home

Effective Rate Diff

2.3%

Rate difference

Fredericksburg, VA

Federal Income Tax

Effective: 18.9%

$25.5K

Virginia State Tax

Effective: 5.6%

$8.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.3%

$45.4K

Take-Home Pay

$8,718/month

$104.6K

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

Fredericksburg, VA Tax Rates

Sales Tax:5.7%

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.