Median rent is 5% lower in Indianapolis ($1,156/mo vs $1,215/mo). Buying is cheaper in Indianapolis, where the median home runs $224,800 versus $363,500. Households earn more in Spokane ($70,064 vs $66,219 a year). Taken together, Spokane is the more affordable choice with a cost index of 92.4 against 94.7 — about 2% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Spokane, WA.
Cost of living verdict
Spokane is 2% cheaper overall
Cost of Living Index: 92.4 in Spokane vs 94.7 in Indianapolis (US national average = 100)
City A
Indianapolis, IN
City B
Spokane, WA
How much would you need to earn in Spokane, WA to maintain your standard of living from Indianapolis, IN?
Equivalent salary in Spokane, WA
$73,200
You could earn $1,800 less (2% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Indianapolis
Indiana
Spokane
Washington
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,156/mo in Indianapolis and $1,215/mo in Spokane. Home buyers face a steeper market in Spokane: the median home is $363,500 versus $224,800 in Indianapolis — 38% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Indianapolis
Income tax: N/A
Sales tax: N/A
Spokane
Income tax: N/A
Sales tax: N/A
Indianapolis has cleaner air on average: 48.0 AQI (Good) compared to 52.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Is Indianapolis cheaper than Spokane?
Spokane is cheaper overall, with a cost of living index of 92.4 versus 94.7 (US average = 100). That means prices run about 2% lower in Spokane.
How much is rent in Indianapolis vs Spokane?
Median rent is $1,156/mo in Indianapolis, IN and $1,215/mo in Spokane, WA. Indianapolis, IN has the lower rent by about 5%.
Which has higher salaries — Indianapolis or Spokane?
Median household income is $66,219 in Indianapolis, IN and $70,064 in Spokane, WA. Spokane, WA has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Indianapolis, IN has better air quality on average: 48.0 AQI versus 52.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Indianapolis or Spokane?
State tax data is not yet available for one or both cities.
What salary do I need in Spokane to match my Indianapolis income?
To maintain the same purchasing power, a salary of $100,000 in Indianapolis, IN is equivalent to roughly $97,601 in Spokane, WA (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
