Cost of Living: Hobart, IN vs Indianapolis city (balance), IN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Hobart, IN versus $4,332/mo in Indianapolis city (balance), IN. In the model, rent is about 17.11% of gross in Hobart, IN versus 16.2% in Indianapolis city (balance), IN, so Indianapolis city (balance), IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Hobart, IN and Indianapolis city (balance), IN.
At a glance
- Cheaper overall (lower cost-of-living index): Indianapolis city (balance), IN
- Lower rent (median 1BR/2BR): Indianapolis city (balance), IN
- Lower home prices: Hobart, IN
- Higher median household income: Hobart, IN
Cost of Living Index
Hobart, IN: 100 (U.S. = 100) · Indianapolis city (balance), IN: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Hobart, IN: $1,116/mo (midpoint of 1BR/2BR) · Indianapolis city (balance), IN: $1,057/mo
Median rent in Hobart, IN is $59/mo higher than in Indianapolis city (balance), IN.
Median Home Price
Hobart, IN: $203,400 · Indianapolis city (balance), IN: $207,000
Median home price in Indianapolis city (balance), IN is $3,600 higher than in Hobart, IN.
Median Household Income
Hobart, IN: $71,680 · Indianapolis city (balance), IN: $62,995
Hobart, IN has a higher median household income than Indianapolis city (balance), IN by $8,685.
Hobart, IN overview · Indianapolis city (balance), IN overview · Popular comparisons