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

Indianapolis

Indiana
74
VS

Westminster

Colorado
139

Indianapolis is 47% cheaper than Westminster.

$1,112/mo ↓ 39%
Median Rent
$1,816/mo ↑ 63%
$62,995/yr ↓ 34%
Median Income
$96,145/yr ↑ 53%
$207,000 ↓ 58%
Home Value
$497,400 ↑ 140%
$1,124/mo ↓ 39%
Owner Costs
$1,841/mo ↑ 64%
882,043
Population
115,546

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
22.7%
rent-to-income

Detailed Comparison

When comparing Indianapolis, IN and Westminster, CO, the overall cost of living indices are 74 and 139 respectively (national median = 100). Rent is $704/month cheaper in Indianapolis, saving renters about $8,448/year.

Median household income is $33,150/year higher in Westminster. Home values also differ significantly — the median in Indianapolis is $207,000 compared to $497,400 in Westminster.

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

Frequently Asked Questions

Indianapolis vs Westminster — common questions

Is Indianapolis or Westminster cheaper to live in?
Based on our cost index, Indianapolis is cheaper to live in with an index of 74 compared to 139 (US average = 100).
What is the rent difference between Indianapolis and Westminster?
Median rent in Indianapolis is $1,112/month and in Westminster it's $1,816/month — a difference of $704/month.
Which city has higher income, Indianapolis or Westminster?
Median household income is $62,995 in Indianapolis and $96,145 in Westminster. Median household income is $33,150/year higher in Westminster.
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 Westminster?
It depends on your priorities. Indianapolis has a cost index of 74 with median rent of $1,112/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Indianapolis details → View Westminster details →

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