Factors that influence moving costs from McKinney to Indianapolis
What to know before moving from McKinney to Indianapolis
Moving from McKinney to Indianapolis comes with exciting new opportunities โ but also higher living costs. Since Indianapolis is generally more expensive than McKinney, itโs important to plan ahead and budget carefully for the change.
Check out how the two cities compare so you know what to expect before you relocate:
McKinney | Indianapolis | |
---|---|---|
Average rent cost | $2,300 | $1,399 |
Average home value | $506,597 | $220,467 |
Average income (per capita) | $66,248 | $59,110 |
Cost of living (single person) | $2,232 | $2,804 |
Cost of living (family of 4) | $4,876 | $6,667 |
Unemployment rate | 6.0% | 5.6% |
Sales tax | 8.25% | 7.0% |
State income tax | 0.0% | 3.15% |
- Rent prices in Indianapolis are 39% lower than in McKinney, 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 56.5% lower than in McKinney. - Income in Indianapolis is 10.8% lower than in McKinney, 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.
- Be sure to budget for higher bills in Indianapolis, since the cost of living for a single person in Indianapolis is 25.6% higher than in McKinney. This includes routine expenses like utilities, groceries, clothing, and transportation.
- If youโre moving your family to Indianapolis, keep in mind that your living expenses could increase. The cost of living for a family in Indianapolis is 36.7% higher than in McKinney.
- The unemployment rate in Indianapolis is 6.67% lower than in McKinney.
- Youโll spend less on retail and restaurants in Indianapolis, since the cityโs sales taxes in Indianapolis are 15.15% lower than in McKinney.
- State income taxes in Indianapolis are 3.15% higher than in McKinney.
To put this in perspective, you would need around $3,768.82 in Indianapolis to maintain the same standard of life that you can have with $3,000.00 in McKinney.
How life is different in McKinney vs. Indianapolis
Indianapolis | McKinney | |
---|---|---|
Population | 887,642 | 195,308 |
AllTransit Transportation Performance Score | 5 | 1 |
Walkability score | 31 | 27 |
Bike friendliness score | 43 | 42 |
Crime Index | 60.71 | 21.48 |
Safety Index | 39.29 | 78.52 |
Air Quality | Good | Good |
- Indianapolis's population is about 354% greater than McKinney.
- Indianapolis's public transportation has a score of 5 out of 10 versus McKinney's lower score of 1.
- Indianapolis is more walkable than McKinney with a score of 31 out of 100 vs McKinney's 27 out of 100.
- Both Indianapolis and McKinney have the same bike-friendliness score of 42 out of 100, meaning Indianapolis is about as safe for cyclists as McKinney. 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 McKinney with a score of 60.71 compared to McKinney's 21.48. This means that Indianapolis neighborhoods are safer than 60.71% of all U.S. neighborhoods, and McKinney neighborhoods are safer than 21.48%.
- Indianapolis is considered to be less safe than McKinney with a score of 39.29 vs McKinney's 78.52.
- Air quality in Indianapolis is good, and in McKinney it's good.
Other things to consider for your McKinney 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: Itโs a good idea to look into your HOA or community regulations before moving day arrives.
- Elevator reservation: If your building has an elevator, itโs a good idea to secure a reservation before your moving day.
- Truck parking permits: To avoid fines or delays, check whether a parking permit is needed for your moving truck.
- 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. Before booking, ensure the moving company is officially licensed to handle your move.
- State regulator: To confirm a moving companyโs license in Indiana, visit the state's public utilities commission
- Moving permits: While Indiana doesnโt mandate moving permits, checking local parking guidelines before your move-in day is still a good idea.
- Change of address: We recommend submitting your USPS change of address form at least one week before your move to ensure your mail gets forwarded to Indianapolis without delay. You can select your official move date when completing the form. Start the process here.
- Moving company insurance: Every state sets its own rules for what insurance moving companies need to maintain. 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 gives you the peace of mind that comes with being fully prepared.
Where to live in Indianapolis
With your sights set on "Amateur Sports Capital of the World", these are some of the most popular neighborhoods to consider 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
Once youโre settled into your new home in Indiana, itโs time to get out and discover what Indianapolis has to offer. No matter your interests, thereโs something for everyone here:
- Arts and culture: Indianapolis features a variety of museums and cultural arts centers, including 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 spots โ perfect for hiking, biking, or simply soaking up the outdoors.
- Sports: Grab a seat and root for the home team during an Indianapolis Colts (NFL), Indianapolis Pacers (NBA), or Indianapolis Fever (WNBA) game.
FAQ
When is the best time to move from McKinney to Indianapolis?
Spring and fall are the ideal times to move from McKinney to Indianapolis. Youโll benefit from more comfortable weather and avoid the higher prices that come with peak moving season in McKinney.
When is the cheapest time to move from McKinney to Indianapolis?
Since spring and fall are the most popular times to move from McKinney 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 McKinney to Indianapolis take?
The 839-mile journey from McKinney, TX to Indianapolis, IN typically takes two to seven days. Some movers in McKinney 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.