SalaryCompareTool

Indianapolis, IN vs Providence, RI

Moving from Indianapolis to Providence? Here's what changes — from your equivalent salary to housing ($295,921 → $524,867 median home) and taxes.

Indianapolis vs Providence at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Indianapolis, IN Providence, RI Cost-of-living index Indianapolis, IN — Cost-of-living index: 95 95 Providence, RI — Cost-of-living index: 102 102 Median home price Indianapolis, IN — Median home price: $296k $296k Providence, RI — Median home price: $525k $525k Price per sqft Indianapolis, IN — Price per sqft: $156 $156 Providence, RI — Price per sqft: $328 $328 Median rent Indianapolis, IN — Median rent: $1,553 $1,553 Providence, RI — Median rent: $2,163 $2,163 Combined sales tax Indianapolis, IN — Combined sales tax: 7.0% 7.0% Providence, RI — Combined sales tax: 7.0% 7.0% Property tax rate Indianapolis, IN — Property tax rate: 0.84% 0.84% Providence, RI — Property tax rate: 1.31% 1.31% Violent crime /100k Indianapolis, IN — Violent crime /100k: 360 360 Providence, RI — Violent crime /100k: 240 240 Electricity ¢/kWh Indianapolis, IN — Electricity ¢/kWh: 17.9 17.9 Providence, RI — Electricity ¢/kWh: 28.3 28.3 Avg commute (min) Indianapolis, IN — Avg commute (min): 25 25 Providence, RI — Avg commute (min): 26 26 Avg summer high °F Indianapolis, IN — Avg summer high °F: 86° 86° Providence, RI — Avg summer high °F: 82° 82° Avg winter low °F Indianapolis, IN — Avg winter low °F: 20° 20° Providence, RI — Avg winter low °F: 21° 21°

To keep the same standard of living as $100,000 in Indianapolis, IN, you'd need about $107,249 in Providence, RI (+$7,249).

Livability — Indianapolis, IN: 71 · Providence, RI: 58 (0–100).

What your home budget buys

A $500,000 home budget gets you about 3,211 sqft in Indianapolis vs 1,524 sqft in Providence ($156 vs $328 per sqft).

Annual cost breakdown (at $100,000)

CategoryIndianapolis, INProvidence, RIDifference
Housing $18,636 $25,956 +$7,320
Groceries $4,740 $4,922 +$182
Transportation $3,250 $3,875 +$625
Utilities $1,932 $3,060 +$1,128
Insurance $1,600 $1,700 +$100
Taxes $7,367 $13,121 +$5,754
Total $37,525 $52,634 +$15,109

Side by side

MetricIndianapolis, INProvidence, RI
Cost-of-living index94.7101.5
Unemployment rate4.28%5.82%
Population growth (5-yr)6.1%3.6%
Air quality (median AQI)5542
Big Mac price (est.)$5.39$5.78
Median home price$295,921$524,867
Home price ÷ income4.0×6.5×
1-yr home appreciation1.3%3.1%
Price per square foot$156$328
Median rent$1,553$2,163
Total tax burden (% income)9.3%11.4%
Combined sales tax7.00%7.00%
Capital gains tax3.05%5.99%
Property tax rate0.84%1.31%
Healthcare (annual)$6,600$7,600
Childcare (annual, infant)$12,000$13,000
Vehicle property tax1.20%None
Avg commute (min)2526
Home insurance / yr$1,600$1,700
Auto insurance / yr$1,400$2,100
Flood insurance / yr$600$900
Earthquake insurance / yr$100$100
Electricity ¢/kWh17.928.3
Gas $/gal3.303.35
Violent crime /100k360240
Avg summer high °F8682
Avg winter low °F2021
Permit difficulty (1–5)24

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