Quick answer
Overall prices in the Baltimore, MD metro were 104.5 vs 95.7 in Indianapolis, IN in 2024 (US = 100), so Baltimore is 9.2% more expensive than Indianapolis; housing rents differ by 33% (118.2 vs 88.9). A $75,000 income in Baltimore buys about what $68,690 buys in Indianapolis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Baltimore | Indianapolis | Baltimore vs Indianapolis |
|---|---|---|---|
| All items | 104.5 | 95.7 | +9.2% |
| Goods | 102.4 | 94.3 | +8.5% |
| Housing (rents) | 118.2 | 88.9 | +32.9% |
| Utilities | 110.2 | 86.4 | +27.6% |
| Other services | 101.5 | 99.1 | +2.4% |
| All items, 2008 | 106.4 | 96.7 | +9.9% |
| $50,000 in Baltimore equals in Indianapolis | $45,793 | ||
| $100,000 in Baltimore equals in Indianapolis | $91,587 | ||
| $150,000 in Baltimore equals in Indianapolis | $137,380 |
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Last updated 2026-10-16. Data only, not financial or tax advice.