Is Indianapolis, IN cheaper than New Smyrna Beach, FL?

Based on cost of living data, Indianapolis, IN is 10.2% cheaper than New Smyrna Beach, FL. This translates to saving $764 per month.

What salary do I need in Indianapolis, IN to live like I do in New Smyrna Beach, FL?

If you earn $150,000 in New Smyrna Beach, FL, you'd need approximately $140,835.123 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between New Smyrna Beach, FL and Indianapolis, IN?

Housing in Indianapolis, IN is 14.8% cheaper than in New Smyrna Beach, FL. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,663/month in New Smyrna Beach, FL.

How much can I save per month by moving from New Smyrna Beach, FL to Indianapolis, IN?

Moving from New Smyrna Beach, FL to Indianapolis, IN could save you approximately $764 per month, or $9165 per year, based on a $150,000 salary.

New Smyrna Beach, FL vs Indianapolis, IN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 New Smyrna Beach, FL — ZIP-level rent data · COL adjusted from Orlando, FL area

Current salary in New Smyrna Beach, FL

Numbers update automatically as you type

You'd save $764/month moving to Indianapolis, IN

$150.0K in your current city equals $140.8K in Indianapolis, IN

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

Overall Cost

↓ 10.2%

Less expensive

Monthly Impact

$764

Savings

Annual Impact

$9.2K

Per year

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

New Smyrna Beach, FL

Population:33K

Cost Index:100

Median Home:$455K

Indianapolis, IN

Population:888K

Cost Index:90

Median Home:$176K

New Smyrna Beach, FL

The Sunshine State

33K

Population

State Tax

No Income Tax

Located in Florida, this city has a population of 33K residents.

💡 Advantage: Florida 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: New Smyrna Beach, FL vs Indianapolis, IN

Category	New Smyrna Beach, FL	Indianapolis, IN	Difference	Change
🏠Housing	$2,287/mo	$1,949/mo	↓ $338less	14.8%
📦Other	$1,700/mo	$1,590/mo	↓ $110less	6.5%
🛒Groceries	$988/mo	$919/mo	↓ $69.10less	7.0%
⚡All Utilities	$556/mo	$503/mo	↓ $53.68less	9.6%
🏥Healthcare	$553/mo	$582/mo	↑ $29.63more	5.4%
🚗Transportation	$1,208/mo	$1,188/mo	↓ $19.12less	1.6%

🏠Housing

↓ 14.8%

New Smyrna Beach, FL

$2,287

Indianapolis, IN

$1,949

Difference

$338

less

📦Other

↓ 6.5%

New Smyrna Beach, FL

$1,700

Indianapolis, IN

$1,590

Difference

$110

less

🛒Groceries

↓ 7.0%

New Smyrna Beach, FL

$988

Indianapolis, IN

$919

Difference

$69.10

less

⚡All Utilities

↓ 9.6%

New Smyrna Beach, FL

$556

Indianapolis, IN

$503

Difference

$53.68

less

🏥Healthcare

↑ 5.4%

New Smyrna Beach, FL

$553

Indianapolis, IN

$582

Difference

$29.63

🚗Transportation

↓ 1.6%

New Smyrna Beach, FL

$1,208

Indianapolis, IN

$1,188

Difference

$19.12

less

🏛️ Local Income Taxes

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

New Smyrna Beach, FL 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$1,175

To$1,030

↓ $145

1 Bed

From$1,355

To$1,170

↓ $185

2 Bed

From$1,663

To$1,360

↓ $303

3 Bed

From$2,190

To$1,760

↓ $430

New Smyrna Beach, FLZIP-level data

1BR range: $1,610–$1,780/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.

$7,293

Monthly in New Smyrna Beach, FL

$6,732

Monthly in Indianapolis, IN

$561

Difference

Home Values

New Smyrna Beach

Indianapolis

$455K

Median Value

$176K

↓ -2.6%

YoY Change

↓ -1.1%

↑ +37.5%

5-Year Change

↑ +26.9%

$373K - $536K

Price Range

$109K - $340K

Homes in Indianapolis are 61% less expensive than New Smyrna Beach

Calculate payment - New Smyrna Beach 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

New Smyrna Beach, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida 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

New Smyrna Beach, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

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.