CostIndexUSA

Indianapolis, IN vs Medford, OR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIN
Indianapolis
95.7
overall index
$1,500/mo rent
OR
Medford
101.4
overall index
$1,700/mo rent

Indianapolis is moderately cheaper than Medford — 6.0% lower overall cost of living.

To match an $80,000 salary in Indianapolis, you would need $84,800 in Medford. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+9.9%
Indianapolis
88.9
Medford
97.7
🛒 Groceries+11.7%
Indianapolis
94.3
Medford
105.3
🚗 Transportation+1.2%
Indianapolis
104.1
Medford
105.3
🏥 Healthcare+1.2%
Indianapolis
94.2
Medford
95.3
Utilities+18.4%
Indianapolis
86.4
Medford
102.3

Salary Equivalency Calculator

Enter your current salary in Indianapolis to see what you'd need to earn in Medford to maintain the same purchasing power.

$
Equivalent salary in Medford, OR
$84,800
$4,800 more needed in Medford

Formula: salary × (101.4 ÷ 95.7) = salary × 1.0596. Based on BEA Regional Price Parities.

Housing Market

Indianapolis, IN

Median Home Price
$283,000
Median Monthly Rent
$1,500
Housing Index
88.9
Price-to-Rent Ratio
15.7×

Medford, OR

Median Home Price
$425,000
Median Monthly Rent
$1,700
Housing Index
97.7
Price-to-Rent Ratio
20.8×

Medford has 9.9% higher housing costs compared to Indianapolis.

Income & Job Market

Indianapolis, IN

Median Household Income
$77,900
Per Capita Income
$44,400
Unemployment Rate
3.4%
Population
887,642
Top Industries
HealthcareManufacturingFinanceLogisticsSports

Medford, OR

Median Household Income
$71,700
Per Capita Income
$40,900
Unemployment Rate
4.3%
Population
85,824
Top Industries
HealthcareAgricultureRetailManufacturingTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Indianapolis, IN
4.3×income-to-rent ratio

77% of income left after rent (median)

Medford, OR
3.5×income-to-rent ratio

72% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.