Cost of Living: Indianapolis, IN vs Gresham, OR (2026)

Indianapolis

Indiana
74
VS

Gresham

Oregon
119

Indianapolis is 38% cheaper than Gresham.

$1,112/mo ↓ 26%
Median Rent
$1,508/mo ↑ 36%
$62,995/yr ↓ 14%
Median Income
$73,608/yr ↑ 17%
$207,000 ↓ 53%
Home Value
$440,000 ↑ 113%
$1,124/mo ↓ 29%
Owner Costs
$1,590/mo ↑ 41%
882,043
Population
112,818

Tax Comparison

3.05%
Income Tax
9.9%
7.0%
State Sales Tax
0%
0.83%
Property Tax
0.93%

Affordability

21.2%
rent-to-income
Affordability
24.6%
rent-to-income

Detailed Comparison

When comparing Indianapolis, IN and Gresham, OR, the overall cost of living indices are 74 and 119 respectively (national median = 100). Rent is $396/month cheaper in Indianapolis, saving renters about $4,752/year.

Median household income is $10,613/year higher in Gresham. Home values also differ significantly — the median in Indianapolis is $207,000 compared to $440,000 in Gresham.

Indiana has a lower income tax rate, making Indianapolis slightly more tax-friendly.

Frequently Asked Questions

Indianapolis vs Gresham — common questions

Is Indianapolis or Gresham cheaper to live in?
Based on our cost index, Indianapolis is cheaper to live in with an index of 74 compared to 119 (US average = 100).
What is the rent difference between Indianapolis and Gresham?
Median rent in Indianapolis is $1,112/month and in Gresham it's $1,508/month — a difference of $396/month.
Which city has higher income, Indianapolis or Gresham?
Median household income is $62,995 in Indianapolis and $73,608 in Gresham. Median household income is $10,613/year higher in Gresham.
How do taxes compare between Indiana and Oregon?
Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax.
Should I move to Indianapolis or Gresham?
It depends on your priorities. Indianapolis has a cost index of 74 with median rent of $1,112/mo, while Gresham has a cost index of 119 with rent of $1,508/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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