Cost of Living: Indianapolis, IN vs Manchester, NH (2026)

Indianapolis

Indiana
74
VS

Manchester

New Hampshire
106

Indianapolis is 30% cheaper than Manchester.

$1,112/mo ↓ 24%
Median Rent
$1,465/mo ↑ 32%
$62,995/yr ↓ 19%
Median Income
$77,415/yr ↑ 23%
$207,000 ↓ 38%
Home Value
$336,300 ↑ 62%
$1,124/mo ↓ 27%
Owner Costs
$1,548/mo ↑ 38%
882,043
Population
115,415

Tax Comparison

3.05%
Income Tax
0%
7.0%
State Sales Tax
0%
0.83%
Property Tax
1.86%

Affordability

21.2%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Indianapolis, IN and Manchester, NH, the overall cost of living indices are 74 and 106 respectively (national median = 100). Rent is $353/month cheaper in Indianapolis, saving renters about $4,236/year.

Median household income is $14,420/year higher in Manchester. Home values also differ significantly — the median in Indianapolis is $207,000 compared to $336,300 in Manchester.

New Hampshire has no state income tax, giving Manchester residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Indianapolis vs Manchester — common questions

Is Indianapolis or Manchester cheaper to live in?
Based on our cost index, Indianapolis is cheaper to live in with an index of 74 compared to 106 (US average = 100).
What is the rent difference between Indianapolis and Manchester?
Median rent in Indianapolis is $1,112/month and in Manchester it's $1,465/month — a difference of $353/month.
Which city has higher income, Indianapolis or Manchester?
Median household income is $62,995 in Indianapolis and $77,415 in Manchester. Median household income is $14,420/year higher in Manchester.
How do taxes compare between Indiana and New Hampshire?
Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. New Hampshire has 0% income tax, 0% sales tax, and 1.86% property tax.
Should I move to Indianapolis or Manchester?
It depends on your priorities. Indianapolis has a cost index of 74 with median rent of $1,112/mo, while Manchester has a cost index of 106 with rent of $1,465/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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