CICostIndexUSA

Indianapolis, IN vs Provo, UT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIN
Indianapolis
95.7
overall index
$1,550/mo rent
UT
Provo
98.2
overall index
$1,850/mo rent

Indianapolis is slightly cheaper than Provo — 2.6% lower overall cost of living.

To match an $80,000 salary in Indianapolis, you would need $82,100 in Provo. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+17.1%
Indianapolis
88.9
Provo
104.1
🛒 Groceries+2.2%
Indianapolis
94.3
Provo
96.4
🚗 Transportation≈ Equal
Indianapolis
104.1
Provo
103.9
🏥 Healthcare≈ Equal
Indianapolis
94.2
Provo
94
Utilities9.0%
Indianapolis
86.4
Provo
78.6

Salary Equivalency Calculator

Enter your current salary in Indianapolis to see what you'd need to earn in Provo to maintain the same purchasing power.

$
Equivalent salary in Provo, UT
$82,100
$2,100 more needed in Provo

Formula: salary × (98.2 ÷ 95.7) = salary × 1.0261. Based on BEA Regional Price Parities.

Housing Market

Indianapolis, IN

Median Home Price
$297,000
Median Monthly Rent
$1,550
Housing Index
88.9
Price-to-Rent Ratio
16.0×

Provo, UT

Median Home Price
$548,000
Median Monthly Rent
$1,850
Housing Index
104.1
Price-to-Rent Ratio
24.7×

Provo has 17.1% higher housing costs compared to Indianapolis.

Income & Job Market

Indianapolis, IN

Median Household Income
$80,200
Per Capita Income
$45,700
Unemployment Rate
4%
Population
887,642
Top Industries
HealthcareManufacturingFinanceLogisticsSports

Provo, UT

Median Household Income
$101,000
Per Capita Income
$57,600
Unemployment Rate
4.2%
Population
116,288
Top Industries
TechnologyEducationHealthcareManufacturingFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Indianapolis, IN
4.3×income-to-rent ratio

77% of income left after rent (median)

Provo, UT
4.5×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.