Factors that influence moving costs from Colorado Springs to Indianapolis
What to know before moving from Colorado Springs to Indianapolis
Moving from Colorado Springs to Indianapolis means adjusting to a different pace of life โ and a different price tag. On average, it costs significantly more to live in Colorado Springs than in Indianapolis, making the move an opportunity for many to enjoy a lower cost of living.
Check out how Colorado Springs compares to Indianapolis so you know what to expect before you relocate:
Colorado Springs | Indianapolis | |
---|---|---|
Average rent cost | $1,799 | $1,399 |
Average home value | $450,033 | $220,467 |
Average income (per capita) | $79,026 | $59,110 |
Cost of living (single person) | $3,078 | $2,804 |
Cost of living (family of 4) | $7,074 | $6,667 |
Unemployment rate | 6.8% | 5.6% |
Sales tax | 8.2% | 7.0% |
State income tax | 5.49% | 3.15% |
- Rent prices in Indianapolis are 22% lower than in Colorado Springs, which means youโll have more money in your pocket each month.
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In terms of homeownership, youโll be able to get more for your money in Indianapolis.
Home prices in Indianapolis are 51.0% lower than in Colorado Springs. - Income in Indianapolis is 25.2% lower than in Colorado Springs, so you could earn less for doing the same job. The top employers in Indianapolis include Anthem, Eli Lilly and Company, and Steak 'n Shake.
- The cost of living for a single person in Indianapolis is 8.9% lower than in Colorado Springs. This includes routine expenses like utilities, groceries, clothing, and transportation.
- The cost of living for a family in Indianapolis is 5.8% lower than in Colorado Springs.
- The unemployment rate in Indianapolis is 17.65% lower than in Colorado Springs.
- Youโll spend less on retail and restaurants in Indianapolis, since the cityโs sales taxes in Indianapolis are 14.63% lower than in Colorado Springs.
- One perk of moving to Indianapolis is paying less in state income taxes, which are 42.62% lower than in Colorado Springs.
To put this in perspective, you would need around $2,732.94 in Indianapolis to maintain the same standard of life that you can have with $3,000.00 in Colorado Springs.
How life is different in Colorado Springs vs. Indianapolis
Indianapolis | Colorado Springs | |
---|---|---|
Population | 887,642 | 478,961 |
AllTransit Transportation Performance Score | 5 | 3 |
Walkability score | 31 | 36 |
Bike friendliness score | 43 | 45 |
Crime Index | 60.71 | 41.94 |
Safety Index | 39.29 | 58.06 |
Air Quality | Good | Moderate |
- Indianapolis's population is about 85% greater than Colorado Springs.
- Indianapolis's public transportation has a score of 5 out of 10 versus Colorado Springs's lower score of 3.
- Indianapolis is less walkable than Colorado Springs with a score of 31 out of 100 vs Colorado Springs's 36 out of 100.
- Both Indianapolis and Colorado Springs have the same bike-friendliness score of 45 out of 100, meaning Indianapolis is about as safe for cyclists as Colorado Springs. Typically, cities that have scores of 20 or higher are seen as reasonably safe, though the higher the score, the more safely accessible a city is for bicycling.
- Indianapolis's crime rate is higher than Colorado Springs with a score of 60.71 compared to Colorado Springs's 41.94. This means that Indianapolis neighborhoods are safer than 60.71% of all U.S. neighborhoods, and Colorado Springs neighborhoods are safer than 41.94%.
- Indianapolis is considered to be less safe than Colorado Springs with a score of 39.29 vs Colorado Springs's 58.06.
- Air quality in Indianapolis is good, and in Colorado Springs it's moderate.
Other things to consider for your Colorado Springs vs. Indianapolis move
- Weather: Indianapolis summers are hot, humid, and wet. Winters are generally cold with moderate snowfall. The rainiest months occur in the spring and summer, with slightly higher averages during May, June, and July. May is typically the wettest.
- HOA rules: Check ahead with any neighborhood or community rules on moving to ensure a smooth move.
- Elevator reservation: If your building has an elevator you'll want to check on how to reserve it for move day.
- Truck parking permits: Some cities require parking permits for large vehicles and moving trucks. Find out if you need any parking permits ahead of time.
- State licensing: The Indiana Department of Transportation (INDOT) regulate movers operating within Indiana and issue moving companies Indiana Households Goods Carriers Numbers. Check to make sure prospective movers have one and that itโs up to date. Make sure the moving company you use has a license before hiring.
- State regulator: You can verify a Indiana moving license and its status through the state's public utilities commission.
- Moving permits: Indiana does not require any moving permits, but it is helpful to check local parking restrictions before moving into the state.
- Change of address: We recommend submitting your change of address form with USPS at least a week prior to your move. You can set an official move date on the form and this way all of your mail will get properly forwarded to Indianapolis. Get started here.
- Moving company insurance: Every state requires moving companies to carry different levels of insurance.Opt for Released Value Protection โ a budget-friendly choice with no extra cost from movers, though coverage is limited to 60 cents per pound. For instance, if a 50-inch TV weighing 25 pounds is lost or damaged, reimbursement is just $15. To ensure coverage for your items' full value, discuss alternative options with your chosen moving company or consider third-party insurance providers.
- Moving checklist: Our moving checklist will help you have the peace of mind that you've got everything covered.
Where to live in Indianapolis
Now that you've decided to make the move to "Amateur Sports Capital of the World", these are the best neighborhoods to move to in Indianapolis.
Best neighborhoods for singles
- Broad Ripple Village
- Fountain Square
- Mile Square
- Meridian-Kessler
- Old Northside
Best neighborhoods for families
- Avon
- Brownsburg
- Carmel
- Fishers
- Westfield
Things to do in Indianapolis
After settling into your new Indiana home, youโll want to branch out and explore your new city. Luckily, Indianapolis has lots to offer, no matter what youโre interested in:
- Arts and culture: Indianapolis is home to museums and cultural arts centers like the Children's Museum of Indianapolis, Indianapolis Motor Speedway Museum, Indianapolis Museum of Art, The Eiteljorg Museum, and Indiana War Memorial.
- Outdoor recreation: The cityโs Eagle Creek Park, White River State Park, Broad Ripple Park, and Krannert Park โ among other sites โ are great places to hike, ride bikes, or just enjoy nature.
- Sports: Catch a live game and cheer on the home team at an Indianapolis Colts (NFL), Indianapolis Pacers (NBA), or Indianapolis Fever (WNBA) game.
FAQ
When is the best time to move from Colorado Springs to Indianapolis?
Spring and fall are the ideal times to move from Colorado Springs to Indianapolis. Youโll benefit from more comfortable weather and avoid the higher prices that come with peak moving season in Colorado Springs.
When is the cheapest time to move from Colorado Springs to Indianapolis?
Since spring and fall are the most popular times to move from Colorado Springs to Indianapolis, moving in the winter could help you save money. Check out our guide on moving discounts for more tips.
How long does a move from Colorado Springs to Indianapolis take?
The 1,067-mile journey from Colorado Springs, CO to Indianapolis, IN typically takes two to eight days. Some movers in Colorado Springs offer expedited services if you're on a tight schedule, and if you need extra time, be sure to ask about storage options in Indianapolis.