Quick answer
Overall prices in the St. Louis, MO metro were 95.1 vs 95.7 in Indianapolis, IN in 2024 (US = 100), so St. Louis is 0.6% less expensive than Indianapolis; housing rents differ by 11% (79.0 vs 88.9). A $75,000 income in St. Louis buys about what $75,480 buys in Indianapolis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | St. Louis | Indianapolis | St. Louis vs Indianapolis |
|---|---|---|---|
| All items | 95.1 | 95.7 | -0.6% |
| Goods | 100.0 | 94.3 | +6.0% |
| Housing (rents) | 79.0 | 88.9 | -11.1% |
| Utilities | 69.9 | 86.4 | -19.0% |
| Other services | 98.6 | 99.1 | -0.5% |
| All items, 2008 | 91.0 | 96.7 | -5.9% |
| $50,000 in St. Louis equals in Indianapolis | $50,320 | ||
| $100,000 in St. Louis equals in Indianapolis | $100,639 | ||
| $150,000 in St. Louis equals in Indianapolis | $150,959 |
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Last updated 2026-10-16. Data only, not financial or tax advice.