Is Indianapolis, IN cheaper than Janesville, WI?

Based on cost of living data, Indianapolis, IN is 13.9% cheaper than Janesville, WI. This translates to saving $1044 per month.

What salary do I need in Indianapolis, IN to live like I do in Janesville, WI?

If you earn $150,000 in Janesville, WI, you'd need approximately $137,468.782 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Janesville, WI and Indianapolis, IN?

Housing in Indianapolis, IN is 18.3% cheaper than in Janesville, WI. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,035/month in Janesville, WI.

How much can I save per month by moving from Janesville, WI to Indianapolis, IN?

Moving from Janesville, WI to Indianapolis, IN could save you approximately $1044 per month, or $12531 per year, based on a $150,000 salary.

Janesville, WI vs Indianapolis, IN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Janesville, WI — ZIP-level rent data · COL adjusted from Madison, WI area

Current salary in Janesville, WI

Numbers update automatically as you type

You'd save $1.0K/month moving to Indianapolis, IN

$150.0K in your current city equals $137.5K in Indianapolis, IN

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

Overall Cost

↓ 13.9%

Less expensive

Monthly Impact

$1,044

Savings

Annual Impact

$12.5K

Per year

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

Janesville, WI

Population:66K

Cost Index:100

Median Home:$286K

Indianapolis, IN

Population:888K

Cost Index:86

Median Home:$176K

Janesville, WI

The Badger State

66K

Population

State Tax

Yes

Located in Wisconsin, this city has a population of 66K 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: Janesville, WI vs Indianapolis, IN

Category	Janesville, WI	Indianapolis, IN	Difference	Change
🏠Housing	$2,386/mo	$1,949/mo	↓ $437less	18.3%
🚗Transportation	$1,354/mo	$1,188/mo	↓ $166less	12.3%
📦Other	$1,724/mo	$1,590/mo	↓ $134less	7.8%
🏥Healthcare	$705/mo	$582/mo	↓ $123less	17.4%
🛒Groceries	$941/mo	$919/mo	↓ $21.86less	2.3%
⚡All Utilities	$499/mo	$503/mo	↑ $4.13more	0.8%

🏠Housing

↓ 18.3%

Janesville, WI

$2,386

Indianapolis, IN

$1,949

Difference

$437

less

🚗Transportation

↓ 12.3%

Janesville, WI

$1,354

Indianapolis, IN

$1,188

Difference

$166

less

📦Other

↓ 7.8%

Janesville, WI

$1,724

Indianapolis, IN

$1,590

Difference

$134

less

🏥Healthcare

↓ 17.4%

Janesville, WI

$705

Indianapolis, IN

$582

Difference

$123

less

🛒Groceries

↓ 2.3%

Janesville, WI

$941

Indianapolis, IN

$919

Difference

$21.86

less

⚡All Utilities

↑ 0.8%

Janesville, WI

$499

Indianapolis, IN

$503

Difference

$4.13

🏛️ Local Income Taxes

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

Janesville, WI 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$749

To$1,030

↑ $281

1 Bed

From$794

To$1,170

↑ $376

2 Bed

From$1,035

To$1,360

↑ $325

3 Bed

From$1,325

To$1,760

↑ $435

Janesville, WIZIP-level data

1BR range: $970–$970/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.

$7,610

Monthly in Janesville, WI

$6,732

Monthly in Indianapolis, IN

$878

Difference

Home Values

Janesville

Indianapolis

$286K

Median Value

$176K

↑ +5.9%

YoY Change

↓ -1.1%

↑ +46.8%

5-Year Change

↑ +26.9%

$267K - $306K

Price Range

$109K - $340K

Homes in Indianapolis are 39% less expensive than Janesville

Calculate payment - Janesville Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $4.0K

Per year

Monthly Difference

$334

More take-home

Effective Rate Diff

2.7%

Rate difference

Janesville, WI

Federal Income Tax

Effective: 18.9%

$25.5K

Wisconsin State Tax

Effective: 5.9%

$8.8K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.6%

$45.9K

Take-Home Pay

$8,678/month

$104.1K

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

Janesville, WI Tax Rates

Sales Tax:5.6%

Property Tax:1.8%

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.