City comparison
Indianapolis, IN vs Oklahoma City, OK
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Indianapolis, IN are 5.8% higher than in Oklahoma City, OK. Someone earning $100,000 in Oklahoma City, OK would need about $105,800 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 $1,017 in Oklahoma City, OK. On $100,000, that's 20% of take-home pay in Indianapolis, IN and 16% in Oklahoma City, OK.
- On $100,000, estimated state income tax is about $1,034 a year higher in Oklahoma City, OK than in Indianapolis, IN.
- For federal employees, locality pay changes a GS-13 step 1 salary by −0.9% moving from Indianapolis, IN to Oklahoma City, OK ($107,428 → $106,437), while prices change by −5.5%. Net effect of the transfer: +4.9% in real buying power.
- Indianapolis, IN: price level 95.7 (cheaper)
- Oklahoma City, OK: price level 90.4 (much cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Indianapolis, IN | Oklahoma City, OK | |
|---|---|---|
| Price level (U.S. = 100)2 | 95.7 | 90.4 |
| $100,000 is worth, in the other city2 | $94,474 in Oklahoma City | $105,849 in Indianapolis |
| Typical 1-bedroom rent3 | $1,267/mo | $1,017/mo |
| Take-home on $100,00014,15,8 | $76,260 | $75,226 |
| State income tax on $100,000 (estimate)8 | $2,921 (IN) | $3,955 (OK) |
| Rent burden on $100,000 | 20% | 16% |
| Median pay, all jobs4 | $49,340 | $47,230 |
| Federal locality pay area7 | Indianapolis-Carmel-Muncie, IN | Rest of U.S. |
Rent areas: Indianapolis-Carmel, IN HUD Metro FMR Area and Oklahoma City, OK HUD Metro FMR Area. Metro areas: Indianapolis-Carmel-Greenwood, IN and Oklahoma City, OK.
What costs more or less
| Price level (U.S. = 100) | Indianapolis | Oklahoma City |
|---|---|---|
| Housing (rent) | 88.9 | 73.9 |
| Goods | 94.3 | 93.8 |
| Utilities | 86.4 | 74.1 |
| Other services | 99.1 | 95.5 |
| Overall | 95.7 | 90.4 |
Moving with the same $100,000 salary
Indianapolis, IN → Oklahoma City, OK
Same pay goes further
Buying power +5.8%; rent takes 16% of take-home; state tax +$1,034/yr.
87 Strong offer
Oklahoma City, OK → Indianapolis, IN
Same pay buys less
Buying power −5.5%; rent takes 20% of take-home; state tax −$1,034/yr.
51 Fair offer
On the GS pay scale?
Indianapolis, IN is in the Indianapolis-Carmel-Muncie, IN pay area; Oklahoma City, OK is in Rest of U.S.. The last column shows what a transfer from Indianapolis, IN to Oklahoma City, OK at the same grade and step does to real buying power.
| Grade5,2 | Indianapolis, IN | Oklahoma City, OK | Real change, Indianapolis → Oklahoma City |
|---|---|---|---|
| GS-9 step 1 | $62,297 | $61,722 | +4.9% |
| GS-11 step 1 | $75,374 | $74,678 | +4.9% |
| GS-12 step 1 | $90,341 | $89,508 | +4.9% |
| GS-13 step 1 | $107,428 | $106,437 | +4.9% |
| GS-14 step 1 | $126,947 | $125,776 | +4.9% |
Pay for common jobs
| Median annual pay4 | Indianapolis, IN | Oklahoma City, OK | Oklahoma City pay in Indianapolis dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $60,510 | $48,780 | $51,633 (−14.7%) |
| Software Developers | $106,870 | $122,390 | $129,549 (+21.2%) |
| Accountants and Auditors | $79,290 | $77,280 | $81,800 (+3.2%) |
| Registered Nurses | $84,230 | $82,920 | $87,770 (+4.2%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.