Question 1

What is the cost of living in Indianapolis-Carmel-Greenwood, IN?

Accepted Answer

Indianapolis-Carmel-Greenwood, IN's overall price level (BEA Regional Price Parity) is 95.7, where 100 equals the U.S. average. That means everyday goods, services, and housing cost about 4.3% less than the national average. HUD's Fair Market Rent for a 2-bedroom is $1,473/month.

Question 2

What is the average salary in Indianapolis-Carmel-Greenwood, IN?

Accepted Answer

Across the 100 BLS-tracked occupation categories with published data in Indianapolis-Carmel-Greenwood, IN, the average median wage is $146,122. The single highest-paying occupation here is Cardiologists at $511,400/year (BLS OEWS).

Question 3

What are the highest-paying jobs in Indianapolis-Carmel-Greenwood?

Accepted Answer

Based on BLS OEWS data, the top-paying occupations in Indianapolis-Carmel-Greenwood, IN are: 1) Cardiologists at $511,400; 2) Surgeons, All Other at $459,300; 3) Anesthesiologists at $374,730; 4) Neurologists at $365,500; 5) Physicians, All Other at $364,040. Click any occupation above to see the full wage breakdown (10th to 90th percentile).

Question 4

How much does it cost to rent a 2-bedroom apartment in Indianapolis-Carmel-Greenwood?

Accepted Answer

The U.S. Department of Housing and Urban Development's Fair Market Rent (FMR) for a 2-bedroom unit in Indianapolis-Carmel-Greenwood, IN is $1,473/month. FMR is the rent level HUD uses to administer housing assistance and reflects the 40th percentile of standard-quality rentals, updated annually.

Question 5

Where does AffordMap's Indianapolis-Carmel-Greenwood data come from?

Accepted Answer

Salary figures come from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. Cost of living comes from the Bureau of Economic Analysis Regional Price Parities (RPP). Rent comes from HUD Fair Market Rents. All three are federal datasets, updated annually, and free to use. AffordMap pairs them so you can see what a salary actually buys after local costs.

Rank	Occupation	Category	Median salary	Hourly
51	Aerospace Engineers	Engineering	$112K	$53.91/hr
52	Transportation, Storage, and Distribution Managers	Management	$111K	$53.55/hr
53	Construction Managers	Management	$110K	$52.85/hr
54	Facilities Managers	Management	$109K	$52.48/hr
55	Power Plant Operators	Production & Manufacturing	$109K	$52.45/hr
56	Electronics Engineers, Except Computer	Engineering	$108K	$52.09/hr
57	Atmospheric and Space Scientists	Science	$108K	$51.77/hr
58	Transportation Inspectors	Transportation	$107K	$51.6/hr
59	Software Developers	Technology	$107K	$51.38/hr
60	Engineering Teachers, Postsecondary	Education	$107K	N/A

Top Paying Jobs in Indianapolis-Carmel-Greenwood, IN

Highest paying careers in Indianapolis-Carmel-Greenwood

Affordability snapshot: Indianapolis-Carmel-Greenwood