City comparison
Akron, OH vs Indianapolis, IN
What a paycheck is really worth in each city: prices, rent, state taxes and federal GS pay.
Key findings
- Prices in Indianapolis, IN are 2.5% higher than in Akron, OH. Someone earning $100,000 in Akron, OH would need about $102,500 in Indianapolis, IN to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,267 a month in Indianapolis, IN versus $985 in Akron, OH. On $100,000, that's 20% of take-home pay in Indianapolis, IN and 15% in Akron, OH.
- On $100,000, estimated state income tax is about $953 a year higher in Indianapolis, IN than in Akron, OH.
- For federal employees, locality pay changes a GS-13 step 1 salary by −3.3% moving from Akron, OH to Indianapolis, IN ($111,138 → $107,428), while prices change by +2.5%. Net effect of the transfer: −5.7% in real buying power.
- Akron, OH: price level 93.4 (cheaper)
- Indianapolis, IN: price level 95.7 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Akron, OH | Indianapolis, IN | |
|---|---|---|
| Price level (U.S. = 100)2 | 93.4 | 95.7 |
| $100,000 is worth, in the other city2 | $102,491 in Indianapolis | $97,569 in Akron |
| Typical 1-bedroom rent3 | $985/mo | $1,267/mo |
| Take-home on $100,00014,15,8 | $77,212 | $76,260 |
| State income tax on $100,000 (estimate)8 | $1,968 (OH) | $2,921 (IN) |
| Rent burden on $100,000 | 15% | 20% |
| Median pay, all jobs4 | $48,840 | $49,340 |
| Federal locality pay area7 | Cleveland-Akron-Canton, OH-PA | Indianapolis-Carmel-Muncie, IN |
Rent areas: Akron, OH MSA and Indianapolis-Carmel, IN HUD Metro FMR Area. Metro areas: Akron, OH and Indianapolis-Carmel-Greenwood, IN.
What costs more or less
| Price level (U.S. = 100) | Akron | Indianapolis |
|---|---|---|
| Housing (rent) | 76.8 | 88.9 |
| Goods | 93.6 | 94.3 |
| Utilities | 96.4 | 86.4 |
| Other services | 98.9 | 99.1 |
| Overall | 93.4 | 95.7 |
Moving with the same $100,000 salary
Akron, OH → Indianapolis, IN
Same pay buys less
Buying power −2.4%; rent takes 20% of take-home; state tax +$953/yr.
61 Fair offer
Indianapolis, IN → Akron, OH
Same pay goes further
Buying power +2.5%; rent takes 15% of take-home; state tax −$953/yr.
77 Strong offer
Federal employees: GS pay
Akron, OH is in the Cleveland-Akron-Canton, OH-PA pay area; Indianapolis, IN is in Indianapolis-Carmel-Muncie, IN. The last column shows what a transfer from Akron, OH to Indianapolis, IN at the same grade and step does to real buying power.
| Grade5,2 | Akron, OH | Indianapolis, IN | Real change, Akron → Indianapolis |
|---|---|---|---|
| GS-9 step 1 | $64,448 | $62,297 | −5.7% |
| GS-11 step 1 | $77,977 | $75,374 | −5.7% |
| GS-12 step 1 | $93,461 | $90,341 | −5.7% |
| GS-13 step 1 | $111,138 | $107,428 | −5.7% |
| GS-14 step 1 | $131,331 | $126,947 | −5.7% |
Pay for common jobs
| Median annual pay4 | Akron, OH | Indianapolis, IN | Indianapolis pay in Akron dollars |
|---|---|---|---|
| Information Security Analysts | $104,530 | $98,060 | $95,677 (−8.5%) |
| Software Developers | $105,430 | $106,870 | $104,272 (−1.1%) |
| Accountants and Auditors | $78,540 | $79,290 | $77,363 (−1.5%) |
| Registered Nurses | $80,770 | $84,230 | $82,183 (+1.7%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.