Median one-bedroom rent across the cities we track is $963 in Indiana versus $1,031 in Missouri. Overall, Indiana runs roughly 7% cheaper on rent than Missouri, its main day-to-day cost driver.
Median household income across tracked cities is $62,995 in Indiana and $67,449 in Missouri — about 7% higher in Missouri. Indiana has a top state income tax rate of 2.95% and a 7% state sales tax; Missouri has a top state income tax rate of 4.70% and a 4.225% state sales tax.
State Taxes
Sales Tax
7%
4.225%
+2.8 pp in Indiana
Income Tax (top rate)
2.95%
4.70%
+1.8 pp in Missouri
Housing (median across tracked cities)
Median 1BR Rent
$963
$1,031
+7% in Missouri
Median Home Value
$207,000
$227,000
+10% in Missouri
Income (median across tracked cities)
Median Household Income
$62,995
$67,449
+7% in Missouri
Climate (median across tracked cities)
Avg Annual Temperature
53.2°F
56.7°F
+3.5°F in Missouri
Indiana vs Missouri — FAQ
- Is it cheaper to live in Indiana or Missouri?
- Indiana is cheaper on rent — its median one-bedroom of $963 runs about 7% below Missouri's $1,031, based on the cities we track in each state.
- How much more do you need to earn to live in Indiana than in Missouri?
- To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $39,000 a year in Indiana versus $41,000 in Missouri.
- Which has lower taxes, Indiana or Missouri?
- Indiana has a top state income tax rate of 2.95% and a 7% state sales tax. Missouri has a top state income tax rate of 4.70% and a 4.225% state sales tax.
Housing, income, and climate are medians across the 1/1 cities we track in Indiana/Missouri — not population-weighted statewide figures. Taxes are exact state-level rates. Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026.