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Cost of Living Comparison 2026

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You'd save $330/month moving to Indianapolis, IN

$150.0K in your current city equals $146.0K in Indianapolis, IN

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†“ 4.4%
Less expensive
Monthly Impact
$330
Savings
Annual Impact
$4.0K
Per year

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

Lincoln, NE

Population:295K
Cost Index:100
Median Home:$274K

Indianapolis, IN

Population:888K
Cost Index:96
Median Home:$176K

Lincoln, NE

The Cornhusker State

295K
Population
State Tax
Yes

Located in Nebraska, this city has a population of 295K 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: Lincoln, NE vs Indianapolis, IN

๐Ÿ Housing
โ†“ 7.4%
Lincoln, NE
$2,105
Indianapolis, IN
$1,949
Difference
$156
less
๐ŸฅHealthcare
โ†“ 14.5%
Lincoln, NE
$682
Indianapolis, IN
$582
Difference
$99.13
less
๐Ÿš—Transportation
โ†“ 4.4%
Lincoln, NE
$1,243
Indianapolis, IN
$1,188
Difference
$54.64
less
โšกAll Utilities
โ†‘ 7.0%
Lincoln, NE
$470
Indianapolis, IN
$503
Difference
$32.79
more
๐Ÿ›’Groceries
โ†“ 3.2%
Lincoln, NE
$949
Indianapolis, IN
$919
Difference
$29.98
less
๐Ÿ“ฆOther
โ†‘ 1.1%
Lincoln, NE
$1,574
Indianapolis, IN
$1,590
Difference
$16.74
more

๐Ÿ›๏ธ Local Income Taxes

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

Lincoln, NE has no local income tax.

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

๐Ÿ Rent Comparison

Studio
From$920
To$1,030
โ†‘ $110
1 Bed
From$1,000
To$1,170
โ†‘ $170
2 Bed
From$1,230
To$1,360
โ†‘ $130
3 Bed
From$1,705
To$1,760
โ†‘ $55.00
Lincoln, NEZIP-level data

1BR range: $820โ€“$1,350/mo

Indianapolis, INZIP-level data

1BR range: $1,080โ€“$1,870/mo

๐Ÿ’ก 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.

$7,022
Monthly in Lincoln, NE
$6,732
Monthly in Indianapolis, IN
$290
Difference

Home Values

Lincoln
Indianapolis
$274K
Median Value
$176K
โ†‘ +3.8%
YoY Change
โ†“ -1.1%
โ†‘ +36%
5-Year Change
โ†‘ +26.9%
$194K - $575K
Price Range
$109K - $340K

Homes in Indianapolis are 36% less expensive than Lincoln

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $4.5K
Per year
Monthly Difference
$374
More take-home
Effective Rate Diff
3.0%
Rate difference

Lincoln, NE

Federal Income Tax
Effective: 18.9%
$25.5K
Nebraska State Tax
Effective: 6.2%
$9.3K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 30.9%
$46.3K
Take-Home Pay
$8,638/month
$103.7K

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

Lincoln, NE Tax Rates

Sales Tax:7.0%
Property Tax:1.8%

Indianapolis, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

๐Ÿ’ก 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

Lincoln
Indianapolis
41 Good
Air Quality
54 Moderate
83.7%
Good Air Days
36.6%
91 Moderate
Climate Risk
97 High
๐ŸŒช๐Ÿ’จ
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+3.3ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
38 days
Heat Days >95ยฐF
18 days
โ–ฒ+3.3ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
38 days
Heat Days >95ยฐF
18 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Nebraska and Indiana on TaxTakeHome.com

Where your money goes further

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