Is Indianapolis, IN cheaper than Murfreesboro, TN?

Based on cost of living data, Indianapolis, IN is 12.4% cheaper than Murfreesboro, TN. This translates to saving $933 per month.

What salary do I need in Indianapolis, IN to live like I do in Murfreesboro, TN?

If you earn $150,000 in Murfreesboro, TN, you'd need approximately $138,803.714 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Murfreesboro, TN and Indianapolis, IN?

Housing in Indianapolis, IN is 15.3% cheaper than in Murfreesboro, TN. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,341/month in Murfreesboro, TN.

How much can I save per month by moving from Murfreesboro, TN to Indianapolis, IN?

Moving from Murfreesboro, TN to Indianapolis, IN could save you approximately $933 per month, or $11196 per year, based on a $150,000 salary.

Murfreesboro, TN vs Indianapolis, IN: Cost of Living Comparison 2026

MoveNumbers

Tap to swap

Cost of Living Comparison 2026

📍 Murfreesboro, TN — ZIP-level rent data · COL adjusted from Nashville, TN area

Current salary in Murfreesboro, TN

Numbers update automatically as you type

You'd save $933/month moving to Indianapolis, IN

$150.0K in your current city equals $138.8K in Indianapolis, IN

Rent data from HUD ZIP-level estimates · COL index from Nashville-Davidson-Murfreesboro-Franklin, TN area

Overall Cost

↓ 12.4%

Less expensive

Monthly Impact

$933

Savings

Annual Impact

$11.2K

Per year

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

Murfreesboro, TN

Population:165K

Cost Index:100

Median Home:$400K

Indianapolis, IN

Population:888K

Cost Index:88

Median Home:$176K

Murfreesboro, TN

The Volunteer State

165K

Population

State Tax

No Income Tax

Located in Tennessee, this city has a population of 165K residents.

💡 Advantage: Tennessee has no state income tax!

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: Murfreesboro, TN vs Indianapolis, IN

Category	Murfreesboro, TN	Indianapolis, IN	Difference	Change
🏠Housing	$2,301/mo	$1,949/mo	↓ $352less	15.3%
📦Other	$1,873/mo	$1,590/mo	↓ $283less	15.1%
🚗Transportation	$1,239/mo	$1,188/mo	↓ $50.25less	4.1%
🏥Healthcare	$596/mo	$582/mo	↓ $13.96less	2.3%
🛒Groceries	$932/mo	$919/mo	↓ $13.06less	1.4%
⚡All Utilities	$510/mo	$503/mo	↓ $7.14less	1.4%

🏠Housing

↓ 15.3%

Murfreesboro, TN

$2,301

Indianapolis, IN

$1,949

Difference

$352

less

📦Other

↓ 15.1%

Murfreesboro, TN

$1,873

Indianapolis, IN

$1,590

Difference

$283

less

🚗Transportation

↓ 4.1%

Murfreesboro, TN

$1,239

Indianapolis, IN

$1,188

Difference

$50.25

less

🏥Healthcare

↓ 2.3%

Murfreesboro, TN

$596

Indianapolis, IN

$582

Difference

$13.96

less

🛒Groceries

↓ 1.4%

Murfreesboro, TN

$932

Indianapolis, IN

$919

Difference

$13.06

less

⚡All Utilities

↓ 1.4%

Murfreesboro, TN

$510

Indianapolis, IN

$503

Difference

$7.14

less

🏛️ Local Income Taxes

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

Murfreesboro, TN 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$1,168

To$1,030

↓ $138

1 Bed

From$1,222

To$1,170

↓ $52.00

2 Bed

From$1,341

To$1,360

↑ $19.00

3 Bed

From$1,714

To$1,760

↑ $46.00

Murfreesboro, TNZIP-level data

1BR range: $1,340–$1,640/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.

$7,452

Monthly in Murfreesboro, TN

$6,732

Monthly in Indianapolis, IN

$720

Difference

Home Values

Murfreesboro

Indianapolis

$400K

Median Value

$176K

YoY Change

↓ -1.1%

↑ +35.5%

5-Year Change

↑ +26.9%

$364K - $436K

Price Range

$109K - $340K

Homes in Indianapolis are 56% less expensive than Murfreesboro

Calculate payment - Murfreesboro Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $4.8K

More taxes

Monthly Difference

$404

Less take-home

Effective Rate Diff

3.2%

Rate difference

Murfreesboro, TN

Federal Income Tax

Effective: 18.9%

$25.5K

Tennessee State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

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

Murfreesboro, TN Tax Rates

Sales Tax:9.5%

Property Tax:0.7%

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.