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Cost of Living Comparison 2026

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You'd spend $1.4K/month more in Austin, TX

$150.0K in your current city equals $166.6K in Austin, TX

Rent data from HUD ZIP-level estimates · COL index from Indianapolis-Carmel-Anderson, IN area
Overall Cost
18.4%
More expensive
Monthly Impact
$1,379
Extra cost
Annual Impact
$16.6K
Per year

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

Indianapolis, IN

Population:888K
Cost Index:100
Median Home:$176K

Austin, TX

Population:979K
Cost Index:118
Median Home:$558K

Indianapolis, IN

The Hoosier State

888K
Population
State Tax
Yes

Located in Indiana, this city has a population of 888K residents.

Austin, TX

The Lone Star State

979K
Population
State Tax
No Income Tax
Climate
Humid subtropical

Notable Facts

  • Live music capital
  • Major tech hub
  • SXSW festival city

Major Industries

TechnologyMusic IndustryEducationGovernment

Cost Breakdown by Category

Annual spending: Indianapolis, IN vs Austin, TX

🏠Housing
48.0%
Indianapolis, IN
$1,949
Austin, TX
$2,885
Difference
$936
more
📦Other
9.5%
Indianapolis, IN
$1,590
Austin, TX
$1,741
Difference
$151
more
🚗Transportation
8.0%
Indianapolis, IN
$1,188
Austin, TX
$1,284
Difference
$95.62
more
🛒Groceries
4.3%
Indianapolis, IN
$919
Austin, TX
$959
Difference
$39.97
more
All Utilities
7.6%
Indianapolis, IN
$503
Austin, TX
$541
Difference
$38.25
more
🏥Healthcare
1.1%
Indianapolis, IN
$582
Austin, TX
$589
Difference
$6.20
more

🏛️ Local Income Taxes

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

Austin, TX 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$1,030
To$1,585
$555
1 Bed
From$1,170
To$1,685
$515
2 Bed
From$1,360
To$1,995
$635
3 Bed
From$1,760
To$2,525
$765
Indianapolis, INZIP-level data

1BR range: $1,080$1,870/mo

Austin, TXZIP-level data

1BR range: $1,490$2,350/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.

$6,732
Monthly in Indianapolis, IN
$7,998
Monthly in Austin, TX
$1,266
Difference

Home Values

Indianapolis
Austin
$176K
Median Value
$558K
↓ -1.1%
YoY Change
↓ -5%
↑ +26.9%
5-Year Change
↑ +12.6%
$109K - $340K
Price Range
$272K - $1.26M

Homes in Austin are 217% more expensive than Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
$4.8K
Per year
Monthly Difference
$404
More take-home
Effective Rate Diff
3.2%
Rate difference

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

Austin, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Indianapolis, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

Austin, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

💡 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.

Environment

Indianapolis
Austin
54 Moderate
Air Quality
52 Moderate
36.6%
Good Air Days
42.6%
97 High
Climate Risk
98 High
🌊🌡🌪
Top Hazards
🌊🌡🌪
+3.1°F
2050 Outlook
+2.5°F
18 days
Heat Days >95°F
98 days
+3.1°F
2050 Outlook
+2.5°F
18 days
Heat Days >95°F
98 days

💰 See how taxes change too — compare take-home pay between Indiana and Texas on TaxTakeHome.com

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