Is Indianapolis, IN cheaper than Salt Lake City, UT?

Based on cost of living data, Indianapolis, IN is 12.8% cheaper than Salt Lake City, UT. This translates to saving $958 per month.

What salary do I need in Indianapolis, IN to live like I do in Salt Lake City, UT?

If you earn $150,000 in Salt Lake City, UT, you'd need approximately $138,500.446 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Salt Lake City, UT and Indianapolis, IN?

Housing in Indianapolis, IN is 23.0% cheaper than in Salt Lake City, UT. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,400/month in Salt Lake City, UT.

How much can I save per month by moving from Salt Lake City, UT to Indianapolis, IN?

Moving from Salt Lake City, UT to Indianapolis, IN could save you approximately $958 per month, or $11500 per year, based on a $150,000 salary.

Salt Lake City, UT vs Indianapolis, IN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Salt Lake City, UT — ZIP-level rent data · COL adjusted from Boise, ID area

Current salary in Salt Lake City, UT

Numbers update automatically as you type

You'd save $958/month moving to Indianapolis, IN

$150.0K in your current city equals $138.5K in Indianapolis, IN

Rent data from HUD ZIP-level estimates · COL index from Salt Lake City, UT area

Overall Cost

↓ 12.8%

Less expensive

Monthly Impact

$958

Savings

Annual Impact

$11.5K

Per year

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

Salt Lake City, UT

Population:210K

Cost Index:100

Median Home:$518K

Indianapolis, IN

Population:888K

Cost Index:87

Median Home:$176K

Salt Lake City, UT

The Beehive State

210K

Population

State Tax

Yes

Located in Utah, this city has a population of 210K 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: Salt Lake City, UT vs Indianapolis, IN

Category	Salt Lake City, UT	Indianapolis, IN	Difference	Change
🏠Housing	$2,531/mo	$1,949/mo	↓ $582less	23.0%
📦Other	$1,670/mo	$1,590/mo	↓ $79.43less	4.8%
🚗Transportation	$1,247/mo	$1,188/mo	↓ $58.41less	4.7%
🏥Healthcare	$625/mo	$582/mo	↓ $42.66less	6.8%
⚡All Utilities	$472/mo	$503/mo	↑ $30.96more	6.6%
🛒Groceries	$950/mo	$919/mo	↓ $30.62less	3.2%

🏠Housing

↓ 23.0%

Salt Lake City, UT

$2,531

Indianapolis, IN

$1,949

Difference

$582

less

📦Other

↓ 4.8%

Salt Lake City, UT

$1,670

Indianapolis, IN

$1,590

Difference

$79.43

less

🚗Transportation

↓ 4.7%

Salt Lake City, UT

$1,247

Indianapolis, IN

$1,188

Difference

$58.41

less

🏥Healthcare

↓ 6.8%

Salt Lake City, UT

$625

Indianapolis, IN

$582

Difference

$42.66

less

⚡All Utilities

↑ 6.6%

Salt Lake City, UT

$472

Indianapolis, IN

$503

Difference

$30.96

🛒Groceries

↓ 3.2%

Salt Lake City, UT

$950

Indianapolis, IN

$919

Difference

$30.62

less

🏛️ Local Income Taxes

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

Salt Lake City, UT 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$1,008

To$1,030

↑ $22.00

1 Bed

From$1,168

To$1,170

↑ $2.00

2 Bed

From$1,400

To$1,360

↓ $40.00

3 Bed

From$1,872

To$1,760

↓ $112

Salt Lake City, UTZIP-level data

1BR range: $1,310–$1,820/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.

$7,494

Monthly in Salt Lake City, UT

$6,732

Monthly in Indianapolis, IN

$762

Difference

Home Values

Salt Lake City

Indianapolis

$518K

Median Value

$176K

↑ +0.4%

YoY Change

↓ -1.1%

↑ +30.4%

5-Year Change

↑ +26.9%

$400K - $902K

Price Range

$109K - $340K

Homes in Indianapolis are 66% less expensive than Salt Lake City

Calculate payment - Salt Lake City Calculate payment - Indianapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $2.4K

Per year

Monthly Difference

$203

More take-home

Effective Rate Diff

1.6%

Rate difference

Salt Lake City, UT

Federal Income Tax

Effective: 18.9%

$25.5K

Utah State Tax

Effective: 4.9%

$7.3K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.5%

$44.3K

Take-Home Pay

$8,809/month

$105.7K

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

Salt Lake City, UT Tax Rates

Sales Tax:7.4%

Property Tax:0.6%

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.