Quick answer
Overall prices in the Philadelphia, PA metro were 102.6 vs 95.7 in Indianapolis, IN in 2024 (US = 100), so Philadelphia is 7.2% more expensive than Indianapolis; housing rents differ by 27% (113.1 vs 88.9). A $75,000 income in Philadelphia buys about what $69,985 buys in Indianapolis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Philadelphia | Indianapolis | Philadelphia vs Indianapolis |
|---|---|---|---|
| All items | 102.6 | 95.7 | +7.2% |
| Goods | 96.8 | 94.3 | +2.7% |
| Housing (rents) | 113.1 | 88.9 | +27.2% |
| Utilities | 114.4 | 86.4 | +32.5% |
| Other services | 103.1 | 99.1 | +3.9% |
| All items, 2008 | 106.4 | 96.7 | +10.0% |
| $50,000 in Philadelphia equals in Indianapolis | $46,656 | ||
| $100,000 in Philadelphia equals in Indianapolis | $93,313 | ||
| $150,000 in Philadelphia equals in Indianapolis | $139,969 |
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Last updated 2026-10-16. Data only, not financial or tax advice.