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Cost of living: Austin, TX vs Indianapolis, IN (2024)

Quick answer

Overall prices in the Austin, TX metro were 98.1 vs 95.7 in Indianapolis, IN in 2024 (US = 100), so Austin is 2.5% more expensive than Indianapolis; housing rents differ by 35% (120.4 vs 88.9). A $75,000 income in Austin buys about what $73,187 buys in Indianapolis, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)AustinIndianapolisAustin vs Indianapolis
All items98.195.7+2.5%
Goods93.894.3-0.6%
Housing (rents)120.488.9+35.4%
Utilities82.086.4-5.0%
Other services96.299.1-2.9%
All items, 200899.696.7+2.9%
$50,000 in Austin equals in Indianapolis$48,792
$100,000 in Austin equals in Indianapolis$97,583
$150,000 in Austin equals in Indianapolis$146,375

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Last updated 2026-10-16. Data only, not financial or tax advice.

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