Is Indianapolis, IN cheaper than Highlands Ranch, CO?

Based on cost of living data, Indianapolis, IN is 17.4% cheaper than Highlands Ranch, CO. This translates to saving $1308 per month.

What salary do I need in Indianapolis, IN to live like I do in Highlands Ranch, CO?

If you earn $150,000 in Highlands Ranch, CO, you'd need approximately $134,302.205 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Highlands Ranch, CO and Indianapolis, IN?

Housing in Indianapolis, IN is 30.4% cheaper than in Highlands Ranch, CO. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,588/month in Highlands Ranch, CO.

How much can I save per month by moving from Highlands Ranch, CO to Indianapolis, IN?

Moving from Highlands Ranch, CO to Indianapolis, IN could save you approximately $1308 per month, or $15698 per year, based on a $150,000 salary.

Highlands Ranch, CO vs Indianapolis, IN: Cost of Living Comparison 2026

MoveNumbers

Tap to swap

Cost of Living Comparison 2026

📍 Highlands Ranch, CO — COL adjusted from Denver, CO area + state data

Current salary in Highlands Ranch, CO

Numbers update automatically as you type

You'd save $1.3K/month moving to Indianapolis, IN

$150.0K in your current city equals $134.3K in Indianapolis, IN

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

Overall Cost

↓ 17.4%

Less expensive

Monthly Impact

$1,308

Savings

Annual Impact

$15.7K

Per year

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

Highlands Ranch, CO

Population:103K

Cost Index:100

Median Home:$513K

Indianapolis, IN

Population:888K

Cost Index:83

Median Home:$176K

Highlands Ranch, CO

The Centennial State

103K

Population

State Tax

Yes

Located in Colorado, this city has a population of 103K 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: Highlands Ranch, CO vs Indianapolis, IN

Category	Highlands Ranch, CO	Indianapolis, IN	Difference	Change
🏠Housing	$2,801/mo	$1,949/mo	↓ $852less	30.4%
🚗Transportation	$1,400/mo	$1,188/mo	↓ $212less	15.1%
📦Other	$1,700/mo	$1,590/mo	↓ $110less	6.4%
🛒Groceries	$1,007/mo	$919/mo	↓ $88.07less	8.7%
🏥Healthcare	$619/mo	$582/mo	↓ $36.15less	5.8%
⚡All Utilities	$508/mo	$503/mo	↓ $5.38less	1.1%

🏠Housing

↓ 30.4%

Highlands Ranch, CO

$2,801

Indianapolis, IN

$1,949

Difference

$852

less

🚗Transportation

↓ 15.1%

Highlands Ranch, CO

$1,400

Indianapolis, IN

$1,188

Difference

$212

less

📦Other

↓ 6.4%

Highlands Ranch, CO

$1,700

Indianapolis, IN

$1,590

Difference

$110

less

🛒Groceries

↓ 8.7%

Highlands Ranch, CO

$1,007

Indianapolis, IN

$919

Difference

$88.07

less

🏥Healthcare

↓ 5.8%

Highlands Ranch, CO

$619

Indianapolis, IN

$582

Difference

$36.15

less

⚡All Utilities

↓ 1.1%

Highlands Ranch, CO

$508

Indianapolis, IN

$503

Difference

$5.38

less

🏛️ Local Income Taxes

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

Highlands Ranch, CO 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$1,099

To$1,030

↓ $69.00

1 Bed

From$1,262

To$1,170

↓ $92.00

2 Bed

From$1,588

To$1,360

↓ $228

3 Bed

From$2,199

To$1,760

↓ $439

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.

$8,035

Monthly in Highlands Ranch, CO

$6,732

Monthly in Indianapolis, IN

$1,303

Difference

Home Values

Highlands Ranch

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

↑ $1.8K

Per year

Monthly Difference

$146

More take-home

Effective Rate Diff

1.2%

Rate difference

Highlands Ranch, CO

Federal Income Tax

Effective: 18.9%

$25.5K

Colorado State Tax

Effective: 4.4%

$6.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.1%

$43.6K

Take-Home Pay

$8,866/month

$106.4K

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

Highlands Ranch, CO Tax Rates

Sales Tax:7.8%

Property Tax:0.5%

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.