Is Indianapolis, IN cheaper than Newington, CT?

Based on cost of living data, Indianapolis, IN is 5.8% cheaper than Newington, CT. This translates to saving $438 per month.

What salary do I need in Indianapolis, IN to live like I do in Newington, CT?

If you earn $150,000 in Newington, CT, you'd need approximately $144,740.26 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Newington, CT and Indianapolis, IN?

Housing in Indianapolis, IN is 48.5% cheaper than in Newington, CT. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,964/month in Newington, CT.

How much can I save per month by moving from Newington, CT to Indianapolis, IN?

Moving from Newington, CT to Indianapolis, IN could save you approximately $438 per month, or $5260 per year, based on a $150,000 salary.

Newington, CT vs Indianapolis, IN: Cost of Living Comparison 2026

MoveNumbers

Tap to swap

Cost of Living Comparison 2026

📍 Newington, CT — COL adjusted from New York, NY area + state data

Current salary in Newington, CT

Numbers update automatically as you type

You'd save $438/month moving to Indianapolis, IN

$150.0K in your current city equals $144.7K in Indianapolis, IN

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

Overall Cost

↓ 5.8%

Less expensive

Monthly Impact

$438

Savings

Annual Impact

$5.3K

Per year

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

Newington, CT

Population:31K

Cost Index:100

Median Home:$1.05M

Indianapolis, IN

Population:888K

Cost Index:94

Median Home:$176K

Newington, CT

The Constitution State

31K

Population

State Tax

Yes

Located in Connecticut, this city has a population of 31K 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: Newington, CT vs Indianapolis, IN

Category	Newington, CT	Indianapolis, IN	Difference	Change
🏠Housing	$3,786/mo	$1,949/mo	↓ $1,837less	48.5%
📦Other	$1,119/mo	$1,590/mo	↑ $472more	42.2%
🚗Transportation	$881/mo	$1,188/mo	↑ $307more	34.9%
🏥Healthcare	$510/mo	$582/mo	↑ $72.37more	14.2%
⚡All Utilities	$445/mo	$503/mo	↑ $57.76more	13.0%
🛒Groceries	$864/mo	$919/mo	↑ $55.23more	6.4%

🏠Housing

↓ 48.5%

Newington, CT

$3,786

Indianapolis, IN

$1,949

Difference

$1,837

less

📦Other

↑ 42.2%

Newington, CT

$1,119

Indianapolis, IN

$1,590

Difference

$472

🚗Transportation

↑ 34.9%

Newington, CT

$881

Indianapolis, IN

$1,188

Difference

$307

🏥Healthcare

↑ 14.2%

Newington, CT

$510

Indianapolis, IN

$582

Difference

$72.37

⚡All Utilities

↑ 13.0%

Newington, CT

$445

Indianapolis, IN

$503

Difference

$57.76

🛒Groceries

↑ 6.4%

Newington, CT

$864

Indianapolis, IN

$919

Difference

$55.23

🏛️ Local Income Taxes

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

Newington, CT 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$1,351

To$1,030

↓ $321

1 Bed

From$1,590

To$1,170

↓ $420

2 Bed

From$1,964

To$1,360

↓ $604

3 Bed

From$2,712

To$1,760

↓ $952

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.

$7,605

Monthly in Newington, CT

$6,732

Monthly in Indianapolis, IN

$873

Difference

Home Values

Newington

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

↑ $3.2K

Per year

Monthly Difference

$267

More take-home

Effective Rate Diff

2.1%

Rate difference

Newington, CT

Federal Income Tax

Effective: 18.9%

$25.5K

Connecticut State Tax

Effective: 5.4%

$8.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 30.0%

$45.1K

Take-Home Pay

$8,745/month

$104.9K

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

Newington, CT Tax Rates

Sales Tax:6.3%

Property Tax:2.1%

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.