Is Indianapolis, IN cheaper than Temple, TX?

Based on cost of living data, Indianapolis, IN is 7.7% cheaper than Temple, TX. This translates to saving $579 per month.

What salary do I need in Indianapolis, IN to live like I do in Temple, TX?

If you earn $150,000 in Temple, TX, you'd need approximately $143,057.612 in Indianapolis, IN to maintain the same standard of living.

How does housing cost compare between Temple, TX and Indianapolis, IN?

Housing in Indianapolis, IN is 18.0% cheaper than in Temple, TX. For a two-bedroom apartment, rent is $1,360/month in Indianapolis, IN compared to $1,066/month in Temple, TX.

How much can I save per month by moving from Temple, TX to Indianapolis, IN?

Moving from Temple, TX to Indianapolis, IN could save you approximately $579 per month, or $6942 per year, based on a $150,000 salary.

Temple, TX vs Indianapolis, IN: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Temple, TX — ZIP-level rent data · COL adjusted from Austin, TX area

Current salary in Temple, TX

Numbers update automatically as you type

You'd save $579/month moving to Indianapolis, IN

$150.0K in your current city equals $143.1K in Indianapolis, IN

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

Overall Cost

↓ 7.7%

Less expensive

Monthly Impact

$579

Savings

Annual Impact

$6.9K

Per year

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

Temple, TX

Population:93K

Cost Index:100

Median Home:$187K

Indianapolis, IN

Population:888K

Cost Index:92

Median Home:$176K

Temple, TX

The Lone Star State

93K

Population

State Tax

No Income Tax

Located in Texas, this city has a population of 93K residents.

💡 Advantage: Texas 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: Temple, TX vs Indianapolis, IN

Category	Temple, TX	Indianapolis, IN	Difference	Change
🏠Housing	$2,376/mo	$1,949/mo	↓ $427less	18.0%
🏥Healthcare	$563/mo	$582/mo	↑ $19.29more	3.4%
⚡All Utilities	$518/mo	$503/mo	↓ $14.82less	2.9%
🚗Transportation	$1,175/mo	$1,188/mo	↑ $13.19more	1.1%
📦Other	$1,593/mo	$1,590/mo	↓ $3.13less	0.2%
🛒Groceries	$918/mo	$919/mo	↑ $1.57more	0.2%

🏠Housing

↓ 18.0%

Temple, TX

$2,376

Indianapolis, IN

$1,949

Difference

$427

less

🏥Healthcare

↑ 3.4%

Temple, TX

$563

Indianapolis, IN

$582

Difference

$19.29

⚡All Utilities

↓ 2.9%

Temple, TX

$518

Indianapolis, IN

$503

Difference

$14.82

less

🚗Transportation

↑ 1.1%

Temple, TX

$1,175

Indianapolis, IN

$1,188

Difference

$13.19

📦Other

↓ 0.2%

Temple, TX

$1,593

Indianapolis, IN

$1,590

Difference

$3.13

less

🛒Groceries

↑ 0.2%

Temple, TX

$918

Indianapolis, IN

$919

Difference

$1.57

🏛️ Local Income Taxes

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

Temple, TX 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$848

To$1,030

↑ $182

1 Bed

From$856

To$1,170

↑ $314

2 Bed

From$1,066

To$1,360

↑ $294

3 Bed

From$1,478

To$1,760

↑ $282

Temple, TXZIP-level data

1BR range: $840–$1,200/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.

$7,143

Monthly in Temple, TX

$6,732

Monthly in Indianapolis, IN

$411

Difference

Home Values

Temple

Indianapolis

$187K

Median Value

$176K

↓ -5%

YoY Change

↓ -1.1%

↑ +25.1%

5-Year Change

↑ +26.9%

$185K - $275K

Price Range

$109K - $340K

Homes in Indianapolis are 6% less expensive than Temple

Calculate payment - Temple 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

Temple, TX

Federal Income Tax

Effective: 18.9%

$25.5K

Texas 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

Temple, TX Tax Rates

Sales Tax:8.2%

Property Tax:1.8%

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.