Quick answer
Prices in Indianapolis-Carmel-Greenwood, IN were 4.3% below the US average in 2024 (Regional Price Parity 95.7, US = 100), with a housing-rent index of 88.9, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 95.696 |
| Goods | 94.318 |
| Housing (rents) | 88.917 |
| Utilities | 86.358 |
| Other services | 99.141 |
| — All items by year — | |
| 2024 | 95.696 |
| 2023 | 94.650 |
| 2022 | 93.805 |
| 2021 | 94.896 |
| 2020 | 93.633 |
| 2019 | 95.247 |
Related
- Cost of living in Idaho Falls, ID vs US average (2024)
- Cost of living in Illinois vs US average (2024)
- Cost of living in Indiana vs US average (2024)
- Cost of living: Indianapolis, IN vs Jacksonville, FL (2024)
- Cost of living: Kansas City, MO vs Indianapolis, IN (2024)
- Cost of living: Las Vegas, NV vs Indianapolis, IN (2024)
- Cost of living: Los Angeles, CA vs Indianapolis, IN (2024)
- Cost of living: Indianapolis, IN vs Louisville/Jefferson County, KY (2024)
Last updated 2026-10-16. Data only, not financial or tax advice.