Cost of Living: Indianapolis, IN vs Pueblo, CO (2026)

Indianapolis

Indiana
74
VS

Pueblo

Colorado
72

Indianapolis and Pueblo have a similar cost of living.

$1,112/mo ↑ 9%
Median Rent
$1,020/mo ↓ 8%
$62,995/yr ↑ 14%
Median Income
$55,305/yr ↓ 12%
$207,000 ↓ 10%
Home Value
$230,900 ↑ 12%
$1,124/mo ↑ 11%
Owner Costs
$1,011/mo ↓ 10%
882,043
Population
111,514

Tax Comparison

3.05%
Income Tax
4.4%
7.0%
State Sales Tax
2.9%
0.83%
Property Tax
0.51%

Affordability

21.2%
rent-to-income
Affordability
22.1%
rent-to-income

Detailed Comparison

When comparing Indianapolis, IN and Pueblo, CO, the overall cost of living indices are 74 and 72 respectively (national median = 100). Rent is $92/month cheaper in Pueblo, saving renters about $1,104/year.

Median household income is $7,690/year higher in Indianapolis. Home values also differ significantly — the median in Indianapolis is $207,000 compared to $230,900 in Pueblo.

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

Frequently Asked Questions

Indianapolis vs Pueblo — common questions

Is Indianapolis or Pueblo cheaper to live in?
Based on our cost index, Pueblo is cheaper to live in with an index of 72 compared to 74 (US average = 100).
What is the rent difference between Indianapolis and Pueblo?
Median rent in Indianapolis is $1,112/month and in Pueblo it's $1,020/month — a difference of $92/month.
Which city has higher income, Indianapolis or Pueblo?
Median household income is $62,995 in Indianapolis and $55,305 in Pueblo. Median household income is $7,690/year higher in Indianapolis.
How do taxes compare between Indiana and Colorado?
Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Indianapolis or Pueblo?
It depends on your priorities. Indianapolis has a cost index of 74 with median rent of $1,112/mo, while Pueblo has a cost index of 72 with rent of $1,020/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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