Houston, TX vs. Indianapolis, IN: Cost of Living
Side-by-side comparison of Houston and Indianapolis, built from Census Bureau ACS 2020-2024 estimates.
The numbers
| Measure | Houston, TX | Indianapolis, IN | Difference |
|---|---|---|---|
| Population | 2,328,253 | 885,860 | -62.0% |
| Median household income | $64,813 | $66,219 | +2.2% |
| Median gross rent (monthly) | $1,361 | $1,156 | -15.1% |
| Median home value | $277,800 | $224,800 | -19.1% |
Difference is Indianapolis, IN relative to Houston, TX.
Purchasing power
Using state-level price parities (BEA RPP 2024: Texas 97.1, Indiana 93.3, U.S. = 100), a $100,000 salary in Houston, TX buys about as much as $96,159 in Indianapolis, IN.
State-level price index; city prices within a state vary. See methodology.
Housing affordability
| Measure | Houston, TX | Indianapolis, IN |
|---|---|---|
| Salary needed for median rent (30% rule) | $54,440 | $46,240 |
| Rent burden at local median income | 25.2% | 20.9% |
| Est. affordable home price at median income | $236,434 | $241,563 |
Home price assumes 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI, 1.5%/yr taxes+insurance. Not financial advice.
Full city profiles
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.