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Cost of Living and Housing

Cost of Living

Median Household Income $45,428
91.9 Cost of Living Index based on National Average of 100
Lower than average taxes on both purchases and property
Variety of utility and local services create economical living

Housing

Average home cost - $136,800
Average monthly rent for a 2 bedroom apartment - $656
Average commute time - 20.9 minutes

Indianapolis offers a wide variety of types of living, including:

Downtown

For more than 17,000 people, luxury apartments and condos located in downtown Indianapolis offer the urban lifestyle they are seeking. Since 1995 more than 1,000 new residential units have been completed.

North

From suburban living in cities surrounding Indianapolis like Fishers and Carmel to architectural masterpieces in Meridian-Kessler, one of Indianapolis' oldest neighborhoods, you'll always be just minutes from downtown Indianapolis.

South

From rural living in an area that remains the least developed township in Marion County to subdivision living in a newly developed neighborhood close to Center Grove High School, the southside of Indianapolis offers comfortable living with an easy commute to downtown.

West

From the tree-lined streets of the Butler-Tarkington area close to the Butler University campus to the large estate homes positioned close to the golf courses, on the westside of Indianapolis there is always something fun to do outside.

East

From the beautiful community churches to the renovated historical homes of Irvington, this area of town is rich in culture and history.

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