Is Indianapolis, IN cheaper than Portland, OR?

Based on cost of living data, Indianapolis, IN is 33.1% cheaper than Portland, OR. This translates to saving $2481 per month.

What salary do I need in Indianapolis, IN to live like I do in Portland, OR?

If you earn $150,000 in Portland, OR, you'd need approximately $120,230.769 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Portland, OR and Indianapolis, IN?

Housing in Indianapolis, IN is 58.6% cheaper than in Portland, OR. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,900/month in Portland, OR.

How much can I save per month by moving from Portland, OR to Indianapolis, IN?

Moving from Portland, OR to Indianapolis, IN could save you approximately $2481 per month, or $29769 per year, based on a $150,000 salary.

MoveNumbers

Portland, OR

Tap to swap

Indianapolis, IN

Cost of Living Comparison 2026

Current salary in Portland, OR

Numbers update automatically as you type

You'd save $2.5K/month moving to Indianapolis, IN

$150.0K in your current city equals $120.2K in Indianapolis, IN

Rent data from HUD ZIP-level estimates · COL index from Portland-Vancouver-Hillsboro, OR-WA area

Overall Cost

↓ 33.1%

Less expensive

Monthly Impact

$2,481

Savings

Annual Impact

$29.8K

Per year

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

Portland, OR

Population:641K

Cost Index:100

Median Home:$535K

Indianapolis, IN

Population:888K

Cost Index:67

Median Home:$176K

Portland, OR

The Beaver State

641K

Population

State Tax

Yes

Climate

Oceanic

Notable Facts

•Craft beer capital
•Foodie destination
•Keep Portland Weird

Major Industries

TechnologyManufacturingFood & BeverageTourism

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: Portland, OR vs Indianapolis, IN

Category	Portland, OR	Indianapolis, IN	Difference	Change
🏠Housing	$4,704/mo	$1,949/mo	↓ $2,755less	58.6%
🚗Transportation	$1,721/mo	$1,188/mo	↓ $533less	31.0%
📦Other	$1,925/mo	$1,590/mo	↓ $335less	17.4%
🛒Groceries	$1,069/mo	$919/mo	↓ $150less	14.0%
🏥Healthcare	$663/mo	$582/mo	↓ $80.54less	12.1%
⚡All Utilities	$475/mo	$503/mo	↑ $27.32more	5.7%

🏠Housing

↓ 58.6%

Portland, OR

$4,704

Indianapolis, IN

$1,949

Difference

$2,755

less

🚗Transportation

↓ 31.0%

Portland, OR

$1,721

Indianapolis, IN

$1,188

Difference

$533

less

📦Other

↓ 17.4%

Portland, OR

$1,925

Indianapolis, IN

$1,590

Difference

$335

less

🛒Groceries

↓ 14.0%

Portland, OR

$1,069

Indianapolis, IN

$919

Difference

$150

less

🏥Healthcare

↓ 12.1%

Portland, OR

$663

Indianapolis, IN

$582

Difference

$80.54

less

⚡All Utilities

↑ 5.7%

Portland, OR

$475

Indianapolis, IN

$503

Difference

$27.32

🏛️ Local Income Taxes

Portland, OR: Multnomah County Preschool for All$1,500/yr (1.0%)

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

Net difference+$1,530/yr

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

🏠Rent Comparison

Studio

From$1,555

To$1,030

↓ $525

1 Bed

From$1,655

To$1,170

↓ $485

2 Bed

From$1,900

To$1,360

↓ $540

3 Bed

From$2,590

To$1,760

↓ $830

Portland, ORZIP-level data

1BR range: $1,580–$2,030/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.

$10,557

Monthly in Portland, OR

$6,732

Monthly in Indianapolis, IN

$3,825

Difference

Home Values

Portland

Indianapolis

$535K

Median Value

$176K

↓ -1.2%

YoY Change

↓ -1.1%

↑ +7.2%

5-Year Change

↑ +26.9%

$351K - $760K

Price Range

$109K - $340K

Homes in Indianapolis are 67% less expensive than Portland

Calculate payment - Portland Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $10.7K

Per year

Monthly Difference

$889

More take-home

Effective Rate Diff

7.1%

Rate difference

Portland, OR

Federal Income Tax

Effective: 18.9%

$25.5K

Oregon State Tax

Effective: 10.3%

$15.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 35.0%

$52.5K

Take-Home Pay

$8,123/month

$97.5K

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

Portland, OR Tax Rates

Sales Tax:0.0%

Property Tax:0.9%

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.