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Columbus, OH vs Indianapolis, IN: Cost of Living

Compare the cost of living between Columbus, OH and Indianapolis, IN. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗
Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

Columbus, OH

OH

Overall RPP (US=100)
94
Housing RPP
87.6
Goods RPP
92.1
2-BR median rent
$1,302/mo

Ohio income tax 0%-3.75%. Columbus city income tax 2.5%.

Indianapolis, IN

IN

Overall RPP (US=100)
93.7
Housing RPP
84.6
Goods RPP
93
2-BR median rent
$1,349/mo

Indiana flat income tax 3.15% + county tax.

Equivalent salary

Indianapolis, IN is cheaper than Columbus, OH by about 0.3% (RPP 94 to 93.7).

$60,000 in Columbus, OH

-> $59,809

in Indianapolis, IN

$100,000 in Columbus, OH

-> $99,681

in Indianapolis, IN

$150,000 in Columbus, OH

-> $149,521

in Indianapolis, IN

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Migration signal: Columbus, OH vs Indianapolis, IN

IRS tax-return migration · 2021-2022

Columbus, OH

Net people
−2,961
Net rank
#39 of 65
Top origin share
2%
Top destination share
1%

Largest source: Cuyahoga County, OH. Largest destination: Cuyahoga County, OH.

Indianapolis, IN

Net people
+2,065
Net rank
#25 of 65
Top origin share
1%
Top destination share
1%

Largest source: Cook County, IL. Largest destination: Delaware County, IN.

Rent delta: Indianapolis, IN is $47/mo higher for HUD FY2024 2-BR FMR than Columbus, OH. Housing RPP moves from 87.6 to 84.6.

Migration figures are derived from IRS SOI county-to-county migration data for 2021-2022, mapped to metros via Census CBSA delineation. Small county-to-county flows are IRS-suppressed, so per-metro totals are lower bounds. Source: IRS SOI migration data.

Frequently asked questions

Is Indianapolis, IN cheaper or more expensive than Columbus, OH?
Indianapolis, IN (RPP 93.7) is cheaper than Columbus, OH (RPP 94) by about 0.3%.
What salary do I need in Indianapolis, IN if I earn $100,000 in Columbus, OH?
You would need approximately $99,681 in Indianapolis, IN to maintain the same purchasing power as $100,000 in Columbus, OH. Formula: $100,000 x (93.7 / 94).
Which metro had stronger net migration, Columbus, OH or Indianapolis, IN?
For 2021-2022, Columbus, OH had a net loss of 2,961 people, while Indianapolis, IN had a net gain of 2,065 people. IRS small-flow suppression means these are lower-bound research signals, not complete population-change totals.

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