Is Indianapolis, IN cheaper than Newburgh, NY?

Based on cost of living data, Indianapolis, IN is 11.5% cheaper than Newburgh, NY. This translates to saving $865 per month.

What salary do I need in Indianapolis, IN to live like I do in Newburgh, NY?

If you earn $150,000 in Newburgh, NY, you'd need approximately $139,622.963 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Newburgh, NY and Indianapolis, IN?

Housing in Indianapolis, IN is 5.2% more expensive than in Newburgh, NY. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,354/month in Newburgh, NY.

How much can I save per month by moving from Newburgh, NY to Indianapolis, IN?

Moving from Newburgh, NY to Indianapolis, IN could save you approximately $865 per month, or $10377 per year, based on a $150,000 salary.

Newburgh, NY vs Indianapolis, IN: Cost of Living Comparison 2026

MoveNumbers

Tap to swap

Cost of Living Comparison 2026

📍 Newburgh, NY — COL adjusted from Newark, NJ area + state data

Current salary in Newburgh, NY

Numbers update automatically as you type

You'd save $865/month moving to Indianapolis, IN

$150.0K in your current city equals $139.6K in Indianapolis, IN

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

Overall Cost

↓ 11.5%

Less expensive

Monthly Impact

$865

Savings

Annual Impact

$10.4K

Per year

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

Newburgh, NY

Population:28K

Cost Index:100

Median Home:$484K

Indianapolis, IN

Population:888K

Cost Index:88

Median Home:$176K

Newburgh, NY

The Empire State

28K

Population

State Tax

Yes

Located in New York, this city has a population of 28K 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: Newburgh, NY vs Indianapolis, IN

Category	Newburgh, NY	Indianapolis, IN	Difference	Change
🚗Transportation	$1,455/mo	$1,188/mo	↓ $267less	18.3%
📦Other	$1,844/mo	$1,590/mo	↓ $254less	13.8%
🛒Groceries	$1,049/mo	$919/mo	↓ $130less	12.4%
🏠Housing	$1,853/mo	$1,949/mo	↑ $96.27more	5.2%
🏥Healthcare	$656/mo	$582/mo	↓ $73.85less	11.3%
⚡All Utilities	$568/mo	$503/mo	↓ $65.63less	11.5%

🚗Transportation

↓ 18.3%

Newburgh, NY

$1,455

Indianapolis, IN

$1,188

Difference

$267

less

📦Other

↓ 13.8%

Newburgh, NY

$1,844

Indianapolis, IN

$1,590

Difference

$254

less

🛒Groceries

↓ 12.4%

Newburgh, NY

$1,049

Indianapolis, IN

$919

Difference

$130

less

🏠Housing

↑ 5.2%

Newburgh, NY

$1,853

Indianapolis, IN

$1,949

Difference

$96.27

🏥Healthcare

↓ 11.3%

Newburgh, NY

$656

Indianapolis, IN

$582

Difference

$73.85

less

⚡All Utilities

↓ 11.5%

Newburgh, NY

$568

Indianapolis, IN

$503

Difference

$65.63

less

🏛️ Local Income Taxes

Newburgh, NY: Newburgh Resident Tax$2,063/yr (1.4%)

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

Net difference+$967/yr

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

🏠Rent Comparison

Studio

From$929

To$1,030

↑ $101

1 Bed

From$1,084

To$1,170

↑ $86.00

2 Bed

From$1,354

To$1,360

↑ $6.00

3 Bed

From$1,858

To$1,760

↓ $98.00

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.

$7,426

Monthly in Newburgh, NY

$6,732

Monthly in Indianapolis, IN

$694

Difference

Home Values

Newburgh

Indianapolis

Median Value

$176K

YoY Change

↓ -1.1%

5-Year Change

↑ +26.9%

Price Range

$109K - $340K

Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $4.7K

Per year

Monthly Difference

$392

More take-home

Effective Rate Diff

3.1%

Rate difference

Newburgh, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

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

Newburgh, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

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.