Salary Needed to Live in Indianapolis as a Couple
A couple sharing expenses without children needs approximately $24,600/year to live comfortably in Indianapolis, IN — including 12% savings.
Comfortable Salary
$24,600
with 12% savings
Bare Minimum
$20,611
no savings buffer
Monthly Expenses
$1,271
12% below national avg
Detailed Monthly Budget for a Couple in Indianapolis
| Expense | Indianapolis | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Apartment Rent | $130 | $137 | -5% |
| 🛒 Groceries | $32 | $27 | +19% |
| ⚡ Utilities | $20 | $19 | +5% |
| 🚗 Transportation | $32 | $35 | -9% |
| 🛡️ Car Insurance | $141 | $211 | -33% |
| 🏥 Health Insurance | $47 | $53 | -11% |
| Internet | $59 | $65 | -9% |
| Phone (×2) | $126 | $140 | -10% |
| Dining & Social | $405 | $450 | -10% |
| Entertainment | $162 | $180 | -10% |
| Personal Care (×2) | $117 | $130 | -10% |
| Total Monthly | $1,271 | $1,447 | -12% |
How We Calculated the Salary
Monthly expenses:$1,271
Target savings (12%):$207/mo
Monthly after-tax needed:$1,478
Effective tax rate:26%
Gross annual salary needed:$24,600
Other Household Types in Indianapolis
Related Pages
FAQ
What salary does a couple (no kids) need in Indianapolis?
A couple (no kids) needs approximately $24,600/year ($2,050/month gross) to live comfortably in Indianapolis with a 12% savings rate.
How much is rent for a couple (no kids) in Indianapolis?
A 1-2br apartment in Indianapolis costs approximately $130/month, which is the largest single expense at 10% of the total budget.
Is Indianapolis affordable for a couple (no kids)?
Yes, Indianapolis is 12% more affordable than the national average for a couple (no kids).