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CityLedger

Best places to live in Indiana

CityLedger tracks 8 Indiana metros, led by Indianapolis. Cost of living runs from about 88 to 96 against a U.S. average of 100. Every figure below is computed from public U.S. government data and links to a full profile.

Lowest cost of living
Terre Haute
88 (US=100)
Best value (real income)
Indianapolis
$83,848
Highest livability
Indianapolis
58/100
Safest from disasters
Elkhart
$6/$10k

CityLedger tracks 8 metros in Indiana, the largest being the Indianapolis-Carmel-Greenwood, IN Metro Area (around 2,173,288 people). Across the state, median household income runs from $59,209 in Terre Haute to $80,239 in Indianapolis, and typical rent from $893 a month in Terre Haute upward — a reminder that "Indiana" is really several different housing and job markets, not one.

Terre Haute has the lowest overall price level in the state (about 88 versus a U.S. average of 100), but the cheapest metro isn't always where money goes furthest. Adjusting income for local prices, Indianapolis delivers the best real buying power — a cost-adjusted median of about $83,848.

Taxes shift the picture in ways a cost-of-living index alone misses: Indiana levies a state income tax, so take-home pay is lower here than in no-income-tax states at the same salary, and combined state and local sales tax averages about 7.0% (Tax Foundation). Our salary calculator folds federal, FICA, and Indiana state tax into a single take-home figure for any metro here.

Indianapolis earns the state's highest CityLedger livability score, 58/100; Fort Wayne is the fastest-growing, up 12% over the latest population estimate; Elkhart carries the lowest natural-hazard loss rate, about $6 per $10,000 of property (FEMA). Open any metro below for the full, sourced breakdown behind these figures.

MetroLivabilityCost of livingMedian incomeMedian rent
Indianapolis, IN5896$80,239$1,273/mo
Bloomington, IN5195$67,243$1,153/mo
Fort Wayne, IN5093$71,251$1,056/mo
Lafayette, IN4893$67,515$1,126/mo
Evansville, IN4792$67,459$1,007/mo
Elkhart, IN4090$69,872$1,047/mo
South Bend, IN3393$63,894$1,101/mo
Terre Haute, IN3288$59,209$893/mo

Browse every metro on the cities index or the rankings.

Living in Indiana — frequently asked

What is the most affordable metro in Indiana?
By overall price level, Terre Haute is the most affordable metro in Indiana, at about 88 against a U.S. average of 100 (BEA Regional Price Parities). Affordability also depends on local pay — see where a paycheck stretches furthest below.
Where does a paycheck go furthest in Indiana?
Indianapolis has the highest cost-adjusted income in Indiana — a median of about $83,848 once local prices are factored in, meaning typical pay buys the most there.
Does Indiana have a state income tax?
Yes. Indiana levies a state income tax, which lowers take-home pay relative to no-income-tax states; combined state and local sales tax also averages about 7.0%. Our salary calculator estimates the exact take-home for each metro.
Which Indiana metro has the highest livability score?
Indianapolis, at 58/100 on CityLedger's livability score — a transparent blend of affordability, jobs, income, education, and commute, all from public data.