Is Indianapolis, IN cheaper than Freeport, NY?

Based on cost of living data, Indianapolis, IN is 41.6% cheaper than Freeport, NY. This translates to saving $3116 per month.

What salary do I need in Indianapolis, IN to live like I do in Freeport, NY?

If you earn $150,000 in Freeport, NY, you'd need approximately $112,603.888 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Freeport, NY and Indianapolis, IN?

Housing in Indianapolis, IN is 68.0% cheaper than in Freeport, NY. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,890/month in Freeport, NY.

How much can I save per month by moving from Freeport, NY to Indianapolis, IN?

Moving from Freeport, NY to Indianapolis, IN could save you approximately $3116 per month, or $37396 per year, based on a $150,000 salary.

Freeport, NY vs Indianapolis, IN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Freeport, NY — ZIP-level rent data · COL adjusted from New York, NY area

Current salary in Freeport, NY

Numbers update automatically as you type

You'd save $3.1K/month moving to Indianapolis, IN

$150.0K in your current city equals $112.6K in Indianapolis, IN

Rent data from HUD ZIP-level estimates · COL index from New York-Newark-Jersey City, NY-NJ-PA area

Overall Cost

↓ 41.6%

Less expensive

Monthly Impact

$3,116

Savings

Annual Impact

$37.4K

Per year

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

Freeport, NY

Population:44K

Cost Index:100

Median Home:$642K

Indianapolis, IN

Population:888K

Cost Index:58

Median Home:$176K

Freeport, NY

The Empire State

44K

Population

State Tax

Yes

Located in New York, this city has a population of 44K 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: Freeport, NY vs Indianapolis, IN

Category	Freeport, NY	Indianapolis, IN	Difference	Change
🏠Housing	$6,099/mo	$1,949/mo	↓ $4,150less	68.0%
🚗Transportation	$1,420/mo	$1,188/mo	↓ $231less	16.3%
📦Other	$1,802/mo	$1,590/mo	↓ $212less	11.8%
🛒Groceries	$1,097/mo	$919/mo	↓ $177less	16.2%
🏥Healthcare	$647/mo	$582/mo	↓ $64.94less	10.0%
⚡All Utilities	$565/mo	$503/mo	↓ $62.03less	11.0%

🏠Housing

↓ 68.0%

Freeport, NY

$6,099

Indianapolis, IN

$1,949

Difference

$4,150

less

🚗Transportation

↓ 16.3%

Freeport, NY

$1,420

Indianapolis, IN

$1,188

Difference

$231

less

📦Other

↓ 11.8%

Freeport, NY

$1,802

Indianapolis, IN

$1,590

Difference

$212

less

🛒Groceries

↓ 16.2%

Freeport, NY

$1,097

Indianapolis, IN

$919

Difference

$177

less

🏥Healthcare

↓ 10.0%

Freeport, NY

$647

Indianapolis, IN

$582

Difference

$64.94

less

⚡All Utilities

↓ 11.0%

Freeport, NY

$565

Indianapolis, IN

$503

Difference

$62.03

less

🏛️ Local Income Taxes

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

Freeport, NY 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$1,371

To$1,030

↓ $341

1 Bed

From$1,634

To$1,170

↓ $464

2 Bed

From$1,890

To$1,360

↓ $530

3 Bed

From$2,455

To$1,760

↓ $695

Freeport, NYZIP-level data

1BR range: $2,170–$2,170/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.

$11,629

Monthly in Freeport, NY

$6,732

Monthly in Indianapolis, IN

$4,897

Difference

Home Values

Freeport

Indianapolis

$642K

Median Value

$176K

↑ +3.2%

YoY Change

↓ -1.1%

↑ +34.1%

5-Year Change

↑ +26.9%

$642K

Price Range

$109K - $340K

Homes in Indianapolis are 73% less expensive than Freeport

Calculate payment - Freeport Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $4.7K

Per year

Monthly Difference

$392

More take-home

Effective Rate Diff

3.1%

Rate difference

Freeport, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

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

Freeport, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

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.