⚖️ City Comparison

Indianapolis vs Tokyo

Cost of Living Comparison · 2026 Data

Indianapolis

Indiana
92
Below Average
$220,000
Median Home
$1,100/mo
Median Rent
$49,968
Median Income

Tokyo

Japan
132
Very Expensive
$417,000
Median Home
$1,780/mo
Median Rent
$99,900
Median Income

💡 The Verdict

30% Cheaper

Indianapolis is 30% cheaper than Tokyo overall. A $75,000 salary in Indianapolis is equivalent to $107,609 in Tokyo.

Category-by-Category Breakdown

Index values for Indianapolis (left) vs Tokyo (right). National average = 100.

Housing
80
Housing
131
Groceries
98
Groceries
122
Utilities
90
Utilities
122
Transportation
103
Transportation
128
Healthcare
96
Healthcare
136

Detailed Price Comparison

Estimated item-level prices in Indianapolis versus Tokyo. Differences shown from Indianapolis perspective.

ItemIndianapolisTokyoDifference
1-Bed Rent$770/mo$1,380/mo$-610.00
2-Bed Rent$1,100/mo$1,780/mo$-680.00
3-Bed Rent$1,470/mo$2,320/mo$-850.00
Bread (loaf)$2.80$3.67$-0.87
Milk (gallon)$3.31$4.92$-1.61
Eggs (dozen)$3.18$3.98$-0.80
Coffee (latte)$5.90$6.41$-0.51
Gas (gallon)$3.30$3.72$-0.42
Restaurant Meal$14.28$21.25$-6.97

💰 Salary Equivalence

A $75,000 salary in Indianapolis has the same purchasing power as $107,609 in Tokyo.

Conversely, $75,000 in Tokyo equals $52,273 in Indianapolis.

⚙️ Customize Your Comparison

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92 vs 132

Reading These Numbers: Indianapolis (92) vs Tokyo (132)

Indianapolis at 92 is 8% below the US average, while Tokyo at 132 is 32% above average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

In Indianapolis, the composite index of 92 reflects a weighted calculation where housing carries the most influence at 80, followed by groceries (98), utilities (90), transportation (103), and healthcare (96). Costs are fairly balanced across categories.

For renters: With median rents of $1,100/mo in Indianapolis and $1,780/mo in Tokyo, the annual rent difference is approximately $8,160.0. Over a 5-year period, that compounds to $40,800.0 in savings by choosing the more affordable city.

For homebuyers: The $197,000.0 difference in median home prices between Indianapolis and Tokyo translates to meaningful differences in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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Making Your Decision: Indianapolis vs Tokyo

Choosing between Indianapolis and Tokyo involves more than just comparing index numbers. Consider how each category aligns with your personal spending patterns. If you work from home, transportation costs matter less than housing and utilities. If you eat out frequently, the groceries index may understate your actual food spending — look at the restaurant meal prices in the detailed comparison table above instead.

Long-term affordability in Indianapolis versus Tokyo depends partly on cost trajectory. Cities experiencing rapid population growth tend to see costs rise faster than established metros where supply has caught up with demand. While our index captures current conditions, consider whether the city trending cheaper today might converge toward average over the next five to ten years as more people discover it. Our quarterly updates help track these shifts over time.