CostIndexUSA

Indianapolis, IN vs Sarasota, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIN
Indianapolis
95.7
overall index
$1,500/mo rent
FL
Sarasota
102.4
overall index
$1,925/mo rent

Indianapolis is moderately cheaper than Sarasota — 7.0% lower overall cost of living.

To match an $80,000 salary in Indianapolis, you would need $85,600 in Sarasota. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+44.0%
Indianapolis
88.9
Sarasota
128
🛒 Groceries+2.0%
Indianapolis
94.3
Sarasota
96.2
🚗 Transportation≈ Equal
Indianapolis
104.1
Sarasota
103.8
🏥 Healthcare≈ Equal
Indianapolis
94.2
Sarasota
93.9
Utilities+2.1%
Indianapolis
86.4
Sarasota
88.2

Salary Equivalency Calculator

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

$
Equivalent salary in Sarasota, FL
$85,600
$5,600 more needed in Sarasota

Formula: salary × (102.4 ÷ 95.7) = salary × 1.0700. 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×

Sarasota, FL

Median Home Price
$445,000
Median Monthly Rent
$1,925
Housing Index
128
Price-to-Rent Ratio
19.3×

Sarasota has 44.0% 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

Sarasota, FL

Median Household Income
$78,900
Per Capita Income
$45,000
Unemployment Rate
3.9%
Population
57,738
Top Industries
TourismHealthcareReal EstateFinanceArts

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)

Sarasota, FL
3.4×income-to-rent ratio

71% 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.