Summary of The Cost of Living in Indianapolis, Indiana, United States
• The average monthly cost of living for a single person in Indianapolis is $3,908.00 including rent, or $2,458.00 excluding rent.
• The average monthly cost of living for a couple (2 adults) in Indianapolis is $5,568.40 including rent, or $4,118.40 excluding rent.
• The average monthly cost of living for a family of four (2 adults + 2 children) in Indianapolis is $7,762.40 including rent, or $5,877.40 excluding rent.
• The average yearly cost of living in Indianapolis ranges from $46,896.00 for a single person to $66,820.80 for a couple, and $93,148.80 for a family of four, including rent. Excluding rent, the yearly range is $29,496.00 for a single person to $49,420.80 for a couple, and $70,528.80 for a family of four.
• For budget-conscious living in Indianapolis, baseline monthly expenses range from $2,147.00 for a single person to $3,016.60 for a couple, and $4,228.60 for a family of four, including rent. Excluding rent, the range is $1,197.00 for a single person to $2,066.60 for a couple, and $2,993.60 for a family of four.
• For comfortable/luxury living in Indianapolis, estimated monthly expenses range from $6,659.00 for a single person to $9,607.20 for a couple, and $13,340.20 for a family of four, including rent. Excluding rent, the range is $4,559.00 for a single person to $7,507.20 for a couple, and $10,610.20 for a family of four.
• The average monthly salary for a person in Indianapolis is $5,000.00, which is 103.4% more than the average monthly cost of living and 317.7% more than the budget cost of living for a single person, excluding rent.
Cost of Living Details
| Category | Subcategory | Description | Cost Range (Monthly) |
|---|---|---|---|
| Monthly rent for your primary residence (apartments, houses, condos) | |||
| Monthly electricity bill | |||
| Monthly running water bill | |||
| Monthly broadband internet subscription with unlimited data and cable TV | |||
| Monthly gas and heating expenses | |||
| Monthly mobile phone plan with data and calling | |||
| Monthly food and grocery expenses | |||
| Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products) | |||
| Monthly transportation costs (public transit, vehicle ownership, or ride-sharing) | |||
| Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining) | |||
| Monthly expenses for clothing, shoes, and accessories | |||
| Monthly health insurance cost | |||
| Monthly prescription medications and pharmacy expenses | |||
| Monthly doctor visits and dental care expenses | |||
| Monthly gym membership | |||
| Monthly expenses for laundry and housekeeping services | |||
| Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications) | |||
| Monthly childcare and school fees | |||
| Total (selected items only) | |||
Expense Distribution
Salary Info
| Category | Subcategory | Description | Salary Range (Monthly) |
|---|---|---|---|
| Salary | Salary | Monthly salary (full-time) |