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Cost of Living Comparison 2026

๐Ÿ“ South Valley CDP, NM โ€” COL adjusted from Albuquerque, NM area + state data

$

Numbers update automatically as you type

You'd save $206/month moving to Indianapolis, IN

$150.0K in your current city equals $147.5K in Indianapolis, IN

Rent data from HUD ZIP-level estimates ยท COL index from area
Overall Cost
โ†“ 2.7%
Less expensive
Monthly Impact
$206
Savings
Annual Impact
$2.5K
Per year

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

South Valley CDP, NM

Population:38K
Cost Index:100
Median Home:$337K

Indianapolis, IN

Population:888K
Cost Index:97
Median Home:$176K

South Valley CDP, NM

The Land of Enchantment

38K
Population
State Tax
Yes

Located in New Mexico, this city has a population of 38K 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: South Valley CDP, NM vs Indianapolis, IN

๐Ÿš—Transportation
โ†“ 5.7%
South Valley CDP, NM
$1,260
Indianapolis, IN
$1,188
Difference
$72.08
less
๐ŸฅHealthcare
โ†‘ 10.1%
South Valley CDP, NM
$529
Indianapolis, IN
$582
Difference
$53.34
more
๐Ÿ“ฆOther
โ†“ 2.0%
South Valley CDP, NM
$1,624
Indianapolis, IN
$1,590
Difference
$33.22
less
โšกAll Utilities
โ†‘ 3.1%
South Valley CDP, NM
$488
Indianapolis, IN
$503
Difference
$14.90
more
๐Ÿ›’Groceries
โ†“ 1.2%
South Valley CDP, NM
$931
Indianapolis, IN
$919
Difference
$11.54
less
๐Ÿ Housing
โ†‘ 0.6%
South Valley CDP, NM
$1,938
Indianapolis, IN
$1,949
Difference
$11.06
more

๐Ÿ›๏ธ Local Income Taxes

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

South Valley CDP, NM has no local income tax.

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

๐Ÿ Rent Comparison

Studio
From$600
To$1,030
โ†‘ $430
1 Bed
From$680
To$1,170
โ†‘ $490
2 Bed
From$840
To$1,360
โ†‘ $520
3 Bed
From$1,120
To$1,760
โ†‘ $640
Indianapolis, INZIP-level data

1BR range: $1,080โ€“$1,870/mo

๐Ÿ’ก 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.

$6,770
Monthly in South Valley CDP, NM
$6,732
Monthly in Indianapolis, IN
$37.53
Difference

Home Values

South Valley CDP
Indianapolis
-
Median Value
$176K
-
YoY Change
โ†“ -1.1%
-
5-Year Change
โ†‘ +26.9%
-
Price Range
$109K - $340K

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $2.2K
Per year
Monthly Difference
$185
More take-home
Effective Rate Diff
1.5%
Rate difference

South Valley CDP, NM

Federal Income Tax
Effective: 18.9%
$25.5K
New Mexico State Tax
Effective: 4.7%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,826/month
$105.9K

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

South Valley CDP, NM Tax Rates

Sales Tax:7.6%
Property Tax:0.8%

Indianapolis, IN Tax Rates

Sales Tax:7.0%
Property Tax:0.9%

๐Ÿ’ก 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.

Environment

South Valley CDP
Indianapolis
61 Moderate
Air Quality
54 Moderate
27.3%
Good Air Days
36.6%
94 High
Climate Risk
97 High
๐ŸŒŠ
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+3.0ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
63 days
Heat Days >95ยฐF
18 days
โ–ฒ+3.0ยฐF
2050 Outlook
โ–ฒ+3.1ยฐF
63 days
Heat Days >95ยฐF
18 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between New Mexico and Indiana on TaxTakeHome.com

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