Moving from Memphis to Indianapolis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Memphis lifestyle in Indianapolis, you'd need to earn:
$81,808/year
▲ $6,808 more than you make now
| Category | Memphis | Indianapolis |
|---|---|---|
| Salary | $75,000 | $81,808 |
| Federal Income Tax | -$8,114 | -$9,612 |
| Social Security | -$4,650 | -$5,072 |
| Medicare | -$1,088 | -$1,186 |
| State Tax | -$0 | -$2,454 |
| Take-Home Pay | $61,149 | $63,484 |
Why the difference
- Cost of living is +3.8% in Indianapolis
- Housing is +11.4% in Indianapolis
- At the same $75,000 salary, you'd pay $2,250/year in taxes in Indianapolis
Estimated Moving Costs
Distance: ~384 miles
DIY Truck
$2,000
Container
$3,500
Full-Service
$5,000
Salary Equivalents: Memphis to Indianapolis
| Your Memphis Salary | Indianapolis Equivalent | Difference | Indianapolis Take-Home |
|---|---|---|---|
| $40,000 | $43,229 | +$3,229 | $35,476 |
| $50,000 | $53,995 | +$3,995 | $43,804 |
| $60,000 | $65,001 | +$5,001 | $52,164 |
| $75,000 | $81,808 | +$6,808 | $63,484 |
| $100,000 | $108,905 | +$8,905 | $81,734 |
| $150,000 | $163,515 | +$13,515 | $117,610 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Memphis and Indianapolis Compare
Housing (11% more expensive in Indianapolis)
The average 1-bedroom apartment in Indianapolis rents for $1,020/month compared to $950/month in Memphis. Median home prices: $224,000 in Indianapolis vs $236,000 in Memphis.
Taxes
Tennessee has no state income tax. Indiana has a flat 3.0% state income tax. On a $75,000 salary, moving to Indianapolis would cost you about $2,250/year in taxes alone.
Overall Cost of Living
Indianapolis's overall cost of living is 3.8% higher than Memphis, based on the BEA Regional Price Parity index (where 100 = national average).Memphis: 92.2, Indianapolis: 95.7.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Memphis to Indianapolis move. Average cost: $2,000–$5,000.
Compare Moving Quotes →Find Apartments in Indianapolis
Average 1BR rent in Indianapolis: $1,020/month. Browse available listings.
Search Apartments →High-Yield Savings
Park your moving fund in a 4.5%+ APY savings account while you plan your relocation.
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