Indiana city profile

What Is It Like to Live in Indianapolis city?

What it costs to live in Indianapolis city, and how it compares with other Indiana cities, in plain numbers.

Value score

36

50th best value in Indiana

How much you get for what you pay, versus other Indiana cities.

Overall livability

50

27th overall in Indiana

Cost, safety, schools, jobs and quality of life combined.

Indianapolis city is home to about 880,104 people. A typical home runs $156,300 and a household earns around $54,300, a price-to-income ratio of 2.9. Among Indiana's largest cities, it ranks 50th for value and 27th overall. For context, the typical Indianapolis city home is about 36% below the statewide median of $245,000 and local household income is about 15% below the statewide median of $64,000.

Indianapolis city at a glance

Median home price

$156,300

55th in IN of 62

Median rent

$962/mo

Median household income

$54,300

Home price to income

2.9x

Unemployment

5.6%

39th in IN of 62

School rating

4/10

25th in IN of 62

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‹ See all top Indiana cities ranked  ยท  Indiana state profile ›

More Indiana cities: Bloomington, Carmel, Evansville, Fishers, Fort Wayne, Gary, Hammond, Lafayette, South Bend

Sources: Home prices and rent from Zillow; income, unemployment and commute from the U.S. Census; school ratings from state education data; crime from the FBI. City rankings are within Indiana only. Updated 2026.