Cost of Living: Jacksonville, FL vs Indianapolis, IN (2026)

Jacksonville

Florida

Indianapolis

Indiana

Jacksonville is 18% more expensive than Indianapolis.

$1,375/mo ↑ 24%

Median Rent

$1,112/mo ↓ 19%

$66,981/yr ↑ 6%

Median Income

$62,995/yr ↓ 6%

$266,100 ↑ 29%

Home Value

$207,000 ↓ 22%

$1,324/mo ↑ 18%

Owner Costs

$1,124/mo ↓ 15%

961,739

Population

882,043

Tax Comparison

Income Tax

3.05%

6.0%

Sales Tax

7.0%

0.86%

Property Tax

0.83%

Affordability

24.6%

rent-to-income

Affordability

21.2%

rent-to-income

Detailed Comparison

When comparing Jacksonville, FL and Indianapolis, IN, the overall cost of living indices are 92 and 74 respectively (national median = 100). Rent is $263/month cheaper in Indianapolis, saving renters about $3,156/year.

Median household income is $3,986/year higher in Jacksonville. Home values also differ significantly — the median in Jacksonville is $266,100 compared to $207,000 in Indianapolis.

Florida has no state income tax, giving Jacksonville residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Jacksonville vs Indianapolis — common questions

Is Jacksonville or Indianapolis cheaper to live in?

Based on our cost index, Indianapolis is cheaper to live in with an index of 74 compared to 92 (US average = 100).

What is the rent difference between Jacksonville and Indianapolis?

Median rent in Jacksonville is $1,375/month and in Indianapolis it's $1,112/month — a difference of $263/month.

Which city has higher income, Jacksonville or Indianapolis?

Median household income is $66,981 in Jacksonville and $62,995 in Indianapolis. Median household income is $3,986/year higher in Jacksonville.

How do taxes compare between Florida and Indiana?

Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.

Should I move to Jacksonville or Indianapolis?

It depends on your priorities. Jacksonville has a cost index of 92 with median rent of $1,375/mo, while Indianapolis has a cost index of 74 with rent of $1,112/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.