Quick answer
Overall prices in the Indianapolis, IN metro were 95.7 vs 93.9 in Cleveland, OH in 2024 (US = 100), so Indianapolis is 1.9% more expensive than Cleveland; housing rents differ by 12% (88.9 vs 79.4). A $75,000 income in Indianapolis buys about what $73,610 buys in Cleveland, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Indianapolis | Cleveland | Indianapolis vs Cleveland |
|---|---|---|---|
| All items | 95.7 | 93.9 | +1.9% |
| Goods | 94.3 | 93.6 | +0.7% |
| Housing (rents) | 88.9 | 79.4 | +11.9% |
| Utilities | 86.4 | 96.0 | -10.0% |
| Other services | 99.1 | 98.9 | +0.2% |
| All items, 2008 | 96.7 | 92.6 | +4.5% |
| $50,000 in Indianapolis equals in Cleveland | $49,074 | ||
| $100,000 in Indianapolis equals in Cleveland | $98,147 | ||
| $150,000 in Indianapolis equals in Cleveland | $147,221 |
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Last updated 2026-10-16. Data only, not financial or tax advice.