Cost of Living: Indianapolis, IN vs Yonkers, NY (2026)

Indianapolis

Indiana
74
VS

Yonkers

New York
133

Indianapolis is 44% cheaper than Yonkers.

$1,112/mo ↓ 36%
Median Rent
$1,730/mo ↑ 56%
$62,995/yr ↓ 23%
Median Income
$81,816/yr ↑ 30%
$207,000 ↓ 57%
Home Value
$478,000 ↑ 131%
$1,124/mo ↓ 36%
Owner Costs
$1,759/mo ↑ 56%
882,043
Population
209,529

Tax Comparison

3.05%
Income Tax
10.9%
7.0%
State Sales Tax
4.0%
0.83%
Property Tax
1.62%

Affordability

21.2%
rent-to-income
Affordability
25.4%
rent-to-income

Detailed Comparison

When comparing Indianapolis, IN and Yonkers, NY, the overall cost of living indices are 74 and 133 respectively (national median = 100). Rent is $618/month cheaper in Indianapolis, saving renters about $7,416/year.

Median household income is $18,821/year higher in Yonkers. Home values also differ significantly — the median in Indianapolis is $207,000 compared to $478,000 in Yonkers.

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

Frequently Asked Questions

Indianapolis vs Yonkers — common questions

Is Indianapolis or Yonkers cheaper to live in?
Based on our cost index, Indianapolis is cheaper to live in with an index of 74 compared to 133 (US average = 100).
What is the rent difference between Indianapolis and Yonkers?
Median rent in Indianapolis is $1,112/month and in Yonkers it's $1,730/month — a difference of $618/month.
Which city has higher income, Indianapolis or Yonkers?
Median household income is $62,995 in Indianapolis and $81,816 in Yonkers. Median household income is $18,821/year higher in Yonkers.
How do taxes compare between Indiana and New York?
Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax.
Should I move to Indianapolis or Yonkers?
It depends on your priorities. Indianapolis has a cost index of 74 with median rent of $1,112/mo, while Yonkers has a cost index of 133 with rent of $1,730/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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