Cost of Living: Indianapolis, IN vs Las Vegas, NV (2026)

Indianapolis

Indiana
74
VS

Las Vegas

Nevada
111

Indianapolis is 33% cheaper than Las Vegas.

$1,112/mo ↓ 24%
Median Rent
$1,456/mo ↑ 31%
$62,995/yr ↓ 11%
Median Income
$70,723/yr ↑ 12%
$207,000 ↓ 48%
Home Value
$395,300 ↑ 91%
$1,124/mo ↓ 23%
Owner Costs
$1,452/mo ↑ 29%
882,043
Population
650,873

Tax Comparison

3.05%
Income Tax
0%
7.0%
State Sales Tax
6.85%
0.83%
Property Tax
0.53%

Affordability

21.2%
rent-to-income
Affordability
24.7%
rent-to-income

Detailed Comparison

When comparing Indianapolis, IN and Las Vegas, NV, the overall cost of living indices are 74 and 111 respectively (national median = 100). Rent is $344/month cheaper in Indianapolis, saving renters about $4,128/year.

Median household income is $7,728/year higher in Las Vegas. Home values also differ significantly — the median in Indianapolis is $207,000 compared to $395,300 in Las Vegas.

Nevada has no state income tax, giving Las Vegas residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Indianapolis vs Las Vegas — common questions

Is Indianapolis or Las Vegas cheaper to live in?
Based on our cost index, Indianapolis is cheaper to live in with an index of 74 compared to 111 (US average = 100).
What is the rent difference between Indianapolis and Las Vegas?
Median rent in Indianapolis is $1,112/month and in Las Vegas it's $1,456/month — a difference of $344/month.
Which city has higher income, Indianapolis or Las Vegas?
Median household income is $62,995 in Indianapolis and $70,723 in Las Vegas. Median household income is $7,728/year higher in Las Vegas.
How do taxes compare between Indiana and Nevada?
Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to Indianapolis or Las Vegas?
It depends on your priorities. Indianapolis has a cost index of 74 with median rent of $1,112/mo, while Las Vegas has a cost index of 111 with rent of $1,456/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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More Comparisons

Other cost of living comparisons for Indianapolis and Las Vegas

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