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Cost of Living Comparison 2026

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You'd spend $2.0K/month more in Denver, CO

$150.0K in your current city equals $173.8K in Denver, CO

Rent data from HUD ZIP-level estimates · COL index from Indianapolis-Carmel-Anderson, IN area
Overall Cost
26.4%
More expensive
Monthly Impact
$1,983
Extra cost
Annual Impact
$23.8K
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

Denver, CO

Population:716K
Cost Index:126
Median Home:$513K

Indianapolis, IN

The Hoosier State

888K
Population
State Tax
Yes

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

Denver, CO

The Centennial State

716K
Population
State Tax
Yes
Climate
Semi-arid

Notable Facts

  • Mile-high city (5,280 ft)
  • Outdoor recreation hub
  • Major cannabis market

Major Industries

AerospaceTechnologyEnergyTourism

Cost Breakdown by Category

Annual spending: Indianapolis, IN vs Denver, CO

🏠Housing
66.7%
Indianapolis, IN
$1,949
Denver, CO
$3,248
Difference
$1,299
more
🚗Transportation
23.0%
Indianapolis, IN
$1,188
Denver, CO
$1,462
Difference
$273
more
📦Other
11.6%
Indianapolis, IN
$1,590
Denver, CO
$1,774
Difference
$184
more
🛒Groceries
12.0%
Indianapolis, IN
$919
Denver, CO
$1,029
Difference
$110
more
🏥Healthcare
8.5%
Indianapolis, IN
$582
Denver, CO
$632
Difference
$49.57
more
All Utilities
3.3%
Indianapolis, IN
$503
Denver, CO
$519
Difference
$16.39
more

🏛️ Local Income Taxes

Indianapolis, IN: Marion County Income Tax$3,030/yr (2.0%)
Denver, CO: Denver Head Tax ($5.75/mo, negligible)$69.00/yr (0.0%)
Net difference-$2,961/yr

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio
From$1,030
To$1,720
$690
1 Bed
From$1,170
To$1,840
$670
2 Bed
From$1,360
To$2,190
$830
3 Bed
From$1,760
To$2,870
$1,110
Indianapolis, INZIP-level data

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

Denver, COZIP-level data

1BR range: $1,620$2,540/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
$8,665
Monthly in Denver, CO
$1,933
Difference

Home Values

Indianapolis
Denver
$176K
Median Value
$513K
↓ -1.1%
YoY Change
↓ -4.2%
↑ +26.9%
5-Year Change
↑ +13%
$109K - $340K
Price Range
$352K - $933K

Homes in Denver are 191% more expensive than Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
$1.8K
More taxes
Monthly Difference
$146
Less take-home
Effective Rate Diff
1.2%
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

Denver, 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

Additional Tax Information

Indianapolis, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

Denver, CO Tax Rates

Sales Tax:7.8%
Property Tax:0.5%

💡 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
Denver
54 Moderate
Air Quality
55 Moderate
36.6%
Good Air Days
35.2%
97 High
Climate Risk
95 High
🌊🌡🌪
Top Hazards
🌊🌪💨
+3.1°F
2050 Outlook
+3.3°F
18 days
Heat Days >95°F
28 days
+3.1°F
2050 Outlook
+3.3°F
18 days
Heat Days >95°F
28 days

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

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