Is Indianapolis, IN cheaper than Redmond, WA?

Based on cost of living data, Indianapolis, IN is 46.8% cheaper than Redmond, WA. This translates to saving $3513 per month.

What salary do I need in Indianapolis, IN to live like I do in Redmond, WA?

If you earn $150,000 in Redmond, WA, you'd need approximately $107,843.731 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Redmond, WA and Indianapolis, IN?

Housing in Indianapolis, IN is 69.8% cheaper than in Redmond, WA. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $2,596/month in Redmond, WA.

How much can I save per month by moving from Redmond, WA to Indianapolis, IN?

Moving from Redmond, WA to Indianapolis, IN could save you approximately $3513 per month, or $42156 per year, based on a $150,000 salary.

Redmond, WA vs Indianapolis, IN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Redmond, WA — ZIP-level rent data · COL adjusted from Seattle, WA area

Current salary in Redmond, WA

Numbers update automatically as you type

You'd save $3.5K/month moving to Indianapolis, IN

$150.0K in your current city equals $107.8K in Indianapolis, IN

Rent data from HUD ZIP-level estimates · COL index from Seattle-Tacoma-Bellevue, WA area

Overall Cost

↓ 46.8%

Less expensive

Monthly Impact

$3,513

Savings

Annual Impact

$42.2K

Per year

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

Redmond, WA

Population:80K

Cost Index:100

Median Home:$1.36M

Indianapolis, IN

Population:888K

Cost Index:53

Median Home:$176K

Redmond, WA

The Evergreen State

80K

Population

State Tax

No Income Tax

Located in Washington, this city has a population of 80K residents.

💡 Advantage: Washington 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: Redmond, WA vs Indianapolis, IN

Category	Redmond, WA	Indianapolis, IN	Difference	Change
🏠Housing	$6,454/mo	$1,949/mo	↓ $4,505less	69.8%
🚗Transportation	$1,807/mo	$1,188/mo	↓ $618less	34.2%
📦Other	$1,880/mo	$1,590/mo	↓ $289less	15.4%
🏥Healthcare	$804/mo	$582/mo	↓ $221less	27.5%
🛒Groceries	$1,053/mo	$919/mo	↓ $133less	12.7%
⚡All Utilities	$469/mo	$503/mo	↑ $33.66more	7.2%

🏠Housing

↓ 69.8%

Redmond, WA

$6,454

Indianapolis, IN

$1,949

Difference

$4,505

less

🚗Transportation

↓ 34.2%

Redmond, WA

$1,807

Indianapolis, IN

$1,188

Difference

$618

less

📦Other

↓ 15.4%

Redmond, WA

$1,880

Indianapolis, IN

$1,590

Difference

$289

less

🏥Healthcare

↓ 27.5%

Redmond, WA

$804

Indianapolis, IN

$582

Difference

$221

less

🛒Groceries

↓ 12.7%

Redmond, WA

$1,053

Indianapolis, IN

$919

Difference

$133

less

⚡All Utilities

↑ 7.2%

Redmond, WA

$469

Indianapolis, IN

$503

Difference

$33.66

🏛️ Local Income Taxes

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

Redmond, WA 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$2,151

To$1,030

↓ $1,121

1 Bed

From$2,228

To$1,170

↓ $1,058

2 Bed

From$2,596

To$1,360

↓ $1,236

3 Bed

From$3,397

To$1,760

↓ $1,637

Redmond, WAZIP-level data

1BR range: $2,670–$2,840/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.

$12,465

Monthly in Redmond, WA

$6,732

Monthly in Indianapolis, IN

$5,733

Difference

Home Values

Redmond

Indianapolis

$1.36M

Median Value

$176K

↓ -1.1%

YoY Change

↓ -1.1%

↑ +46.3%

5-Year Change

↑ +26.9%

$1.31M - $1.42M

Price Range

$109K - $340K

Homes in Indianapolis are 87% less expensive than Redmond

Calculate payment - Redmond 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

Redmond, WA

Federal Income Tax

Effective: 18.9%

$25.5K

Washington 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

Redmond, WA Tax Rates

Sales Tax:9.2%

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.