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Cost of living: Portland, OR vs Indianapolis, IN (2024)

Quick answer

Overall prices in the Portland, OR metro were 105.4 vs 95.7 in Indianapolis, IN in 2024 (US = 100), so Portland is 10.2% more expensive than Indianapolis; housing rents differ by 41% (125.1 vs 88.9). A $75,000 income in Portland buys about what $68,081 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)PortlandIndianapolisPortland vs Indianapolis
All items105.495.7+10.2%
Goods105.294.3+11.6%
Housing (rents)125.188.9+40.7%
Utilities107.086.4+23.9%
Other services100.199.1+1.0%
All items, 200898.796.7+2.1%
$50,000 in Portland equals in Indianapolis$45,388
$100,000 in Portland equals in Indianapolis$90,775
$150,000 in Portland equals in Indianapolis$136,163

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

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