Moving from Minneapolis to Indianapolis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Minneapolis lifestyle in Indianapolis, you'd need to earn:
$68,470/year
▼ $6,530 less than you make now
| Category | Minneapolis | Indianapolis |
|---|---|---|
| Salary | $75,000 | $68,470 |
| Federal Income Tax | -$8,114 | -$6,677 |
| Social Security | -$4,650 | -$4,245 |
| Medicare | -$1,088 | -$993 |
| State Tax | -$4,628 | -$2,054 |
| Take-Home Pay | $56,521 | $54,501 |
Why the difference
- Cost of living is -8.7% in Indianapolis
- Housing is -20.5% in Indianapolis
- At the same $75,000 salary, you'd save $2,378/year in taxes in Indianapolis
Estimated Moving Costs
Distance: ~511 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Minneapolis to Indianapolis
| Your Minneapolis Salary | Indianapolis Equivalent | Difference | Indianapolis Take-Home |
|---|---|---|---|
| $40,000 | $36,518 | -$3,482 | $30,285 |
| $50,000 | $45,647 | -$4,353 | $37,346 |
| $60,000 | $54,776 | -$5,224 | $44,408 |
| $75,000 | $68,470 | -$6,530 | $54,501 |
| $100,000 | $91,294 | -$8,706 | $69,873 |
| $150,000 | $136,941 | -$13,059 | $100,244 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Minneapolis and Indianapolis Compare
Housing (20% cheaper in Indianapolis)
The average 1-bedroom apartment in Indianapolis rents for $1,020/month compared to $1,330/month in Minneapolis. Median home prices: $224,000 in Indianapolis vs $327,000 in Minneapolis.
Taxes
Minnesota has a progressive state income tax from 5.3% to 9.8%. Indiana has a flat 3.0% state income tax. On a $75,000 salary, moving to Indianapolis would save you about $2,378/year in taxes alone.
Overall Cost of Living
Indianapolis's overall cost of living is 8.7% lower than Minneapolis, based on the BEA Regional Price Parity index (where 100 = national average).Minneapolis: 104.8, Indianapolis: 95.7.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Minneapolis to Indianapolis move. Average cost: $3,000–$7,000.
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.
Compare Savings Rates →