TakeHomeTax

Cost of Living Calculator for Indiana

Indiana charges 2.95% flat + local state income tax plus local taxes in some areas. Use the cost of living calculator pre-loaded with Indiana rates.

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Indiana Tax Overview

State Tax Rate
2.95%
2.95% flat + local
Tax Structure
Flat Rate
Local taxes apply
Median Income
$54,000
Household, Indiana
Cost of Living
90
Near Avg (100 = avg)

Why Use the Cost of Living Calculator in Indiana?

Indiana's cost of living index is 90, and the flat 2.95% state tax further affects how far your dollar goes. Near-average living costs mean the state tax rate is the primary differentiator when comparing Indiana to other states. Local taxes in some Indiana areas add to the burden. This calculator factors in both taxes and cost of living for Indiana.

Indiana State Tax Details

Indiana levies a flat 2.95% state income tax on all taxable income regardless of how much you earn. This makes tax planning straightforward: for every additional dollar you earn, 2.95 cents goes to Indiana. However, certain localities in Indiana impose their own income taxes, which effectively raise the combined state and local rate above 2.95%. Be sure to check whether your city or county adds a local income tax.

Take-Home Pay in Indiana at Common Salary Levels

The table below shows what you actually keep at five salary levels in Indiana, accounting for federal tax, FICA, and Indiana's flat 2.95% state tax plus estimated local taxes.

Gross SalaryFederal TaxFICAState TaxTotal TaxTake-HomeEff. Rate
$50,000$3,820$3,825$2,225$9,870$40,13019.7%
$75,000$7,725$5,738$3,338$16,800$58,20022.4%
$100,000$13,225$7,650$4,450$25,325$74,67525.3%
$150,000$24,774$11,475$6,675$42,924$107,07628.6%
$200,000$36,774$14,339$8,900$60,013$139,98730.0%

Cost of Living in Nearby Midwest States

See how Indiana compares to other Midwest states. Each link takes you to the cost of living calculator landing page for that state.

South Dakota0% tax
$79,125+$4,450
North Dakota1.95%
$77,858+$3,183
Nebraska4.55%
$76,168+$1,493
Kansas5.7%
$75,420+$745
Iowa3.8%
$75,325+$650

Explore Indiana in Depth

For a comprehensive breakdown of Indianas tax structure, salary comparisons, cost-of-living analysis, and more, visit the full Indiana take-home pay page.

The Take-Home Tax Guide
Weekly tips on reducing your tax burden, state tax changes, and salary negotiation strategies. Free.