Indianapolis, IN vs Tempe, AZ: 74 vs 120

$1,112/mo ↓ 31%

Median Rent

$1,623/mo ↑ 46%

$62,995/yr ↓ 19%

Median Income

$77,643/yr ↑ 23%

$207,000 ↓ 51%

Home Value

$421,900 ↑ 104%

$1,124/mo ↓ 28%

Owner Costs

$1,554/mo ↑ 38%

882,043

Population

186,419

Detailed Comparison

When comparing Indianapolis, IN and Tempe, AZ, the overall cost of living indices are 74 and 120 respectively (national median = 100). Rent is $511/month cheaper in Indianapolis, saving renters about $6,132/year.

Median household income is $14,648/year higher in Tempe. Home values also differ significantly — the median in Indianapolis is $207,000 compared to $421,900 in Tempe.

Arizona has a lower income tax rate, making Tempe slightly more tax-friendly.

Frequently Asked Questions

Indianapolis vs Tempe — common questions

Is Indianapolis or Tempe cheaper to live in?

Based on our cost index, Indianapolis is cheaper to live in with an index of 74 compared to 120 (US average = 100).

What is the rent difference between Indianapolis and Tempe?

Median rent in Indianapolis is $1,112/month and in Tempe it's $1,623/month — a difference of $511/month.

Which city has higher income, Indianapolis or Tempe?

Median household income is $62,995 in Indianapolis and $77,643 in Tempe. Median household income is $14,648/year higher in Tempe.

How do taxes compare between Indiana and Arizona?

Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.

Should I move to Indianapolis or Tempe?

It depends on your priorities. Indianapolis has a cost index of 74 with median rent of $1,112/mo, while Tempe has a cost index of 120 with rent of $1,623/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Indianapolis, IN vs Tempe, AZ (2026)

Indianapolis

Tempe

Tax Comparison

Affordability

Detailed Comparison

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