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:
$64,163/year
▼ $10,837 less than you make now
| Category | Minneapolis | Indianapolis |
|---|---|---|
| Salary | $75,000 | $64,163 |
| Federal Income Tax | -$8,114 | -$5,730 |
| Social Security | -$4,650 | -$3,978 |
| Medicare | -$1,088 | -$930 |
| State Tax | -$4,628 | -$1,925 |
| Take-Home Pay | $56,521 | $51,600 |
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 | $35,033 | -$4,967 | $29,137 |
| $50,000 | $43,707 | -$6,293 | $35,846 |
| $60,000 | $52,440 | -$7,560 | $42,601 |
| $75,000 | $64,163 | -$10,837 | $51,600 |
| $100,000 | $85,696 | -$14,304 | $66,102 |
| $150,000 | $127,566 | -$22,434 | $94,117 |
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 →