Indianapolis vs Lawrence

Which is the better fit for you?

Indianapolis, IN
58
Area Score
Bottom 49% nationally
Lawrence, IN
61
Area Score
Top 41% nationally

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Lawrence receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.

If you are moving

What the difference in prices, rent, homes and weather comes to, using the published figures for the two places. Add your income to see what it would take to keep pace.

Moving from Indianapolis to Lawrence

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Everyday prices
About the same
Regional price level 94.7 against 94.7 (US = 100). Both places sit in the same price region, so the index cannot tell them apart.
Income to keep the same purchasing power
Enter your household income to see it.
A new two-bedroom lease
+$307 a month
HUD benchmarks it at $1,796 in Lawrence against $1,490 in Indianapolis.
The median home
2% more
$230,100 in Lawrence against $224,800 in Indianapolis.
The weather you would swap
Similar winters
Normal January lows are 21°F in Lawrence against 21°F in Indianapolis; July highs are 85°F against 85°F (summers the same).

These are differences between published figures, not a forecast of your budget. Income and sales taxes, commuting, schools, insurance and the job you would actually get are not in them, and a price index describes a metropolitan area, so two places in one metro read the same. HUD’s rent is a benchmark for a new lease, not a listing.

Signals

Indianapolis
Lawrence
Opportunity: Lawrence is the more favorable of the two.
Opportunity
65 · Top 32%
vs
71 · Top 22%
Growth: Lawrence is the more favorable of the two.
Growth
40 · Bottom 29%
vs
41 · Bottom 31%
Climate: Lawrence is the more favorable of the two.
Climate
67 · Bottom 39%
vs
68 · Bottom 40%
Physical resilience: Indianapolis is the more favorable of the two.
Physical resilience
67 · Top 41%
vs
66 · Top 41%
Housing affordability: Indianapolis is the more favorable of the two.
Housing affordability
72 · Top 35%
vs
69 · Top 44%
Schools: Lawrence is the more favorable of the two.
Schools
21 · Bottom 13%
vs
31 · Bottom 26%
Access: Indianapolis is the more favorable of the two.
Access
98 · Top 21%
vs
93 · Top 47%
Economic stability: Lawrence is the more favorable of the two.
Economic stability
45 · Bottom 29%
vs
66 · Top 32%

Measured values

MetricIndianapolisLawrenceSource period
Population885,86049,5172024 ACS 5-Year
Median household income$66,219$74,022 — more favorable2024 ACS 5-Year
Per capita income — the two are too close to separate$37,680 ±$552$36,079 ±$1,6052024 ACS 5-Year
Population density2,454/sq mi2,457/sq mi2024 ACS 5-Year
Median home value$224,800$230,1002024 ACS 5-Year
Median gross rent — the two are too close to separate$1,156 ±$11$1,178 ±$772024 ACS 5-Year
Market rent, two bedroom$1,490 — more favorable$1,796FY2026
Cost of living index94.794.72023
Homeownership rate56.0%66.1%2024 ACS 5-Year
Unemployment rate3.7%3.3% — more favorableJuly 2026
Employment change (year over year)−0.9%−0.9%July 2026
Bachelor's degree or higher — the two are too close to separate34.9% ±0.6%35.6% ±3%2024 ACS 5-Year
Poverty rate15.0%8.5% — more favorable2024 ACS 5-Year
Housing units permitted (12 months)1,5205812 months ending July 2026
Permits per 1,000 residents1.6 — more favorable1.212 months ending July 2026
Permit change (year over year)−23.0%−35.6%12 months ending July 2026
Average July high85°F85°F1991-2020 Normals
Average January low21°F21°F1991-2020 Normals
Annual precipitation43.6"40.7"1991-2020 Normals
Distance to major airport9 mi — more favorable19 miNASR current cycle
Average commute — the two are too close to separate26.1 min ±0.3 min26.5 min ±1.2 min2024 ACS 5-Year
Median age34.334.32024 ACS 5-Year
Public schools223102024-25 school year
Students per teacher15.4 — more favorable19.22024-25 school year
Math proficiency31.8%41.7% — more favorable2018-19 school year
Reading proficiency39.4%39.7% — more favorable2018-19 school year
Free or reduced-price lunch eligibility61.7%53.5%2024-25 school year

A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.

4 rows above show both figures with a ± margin and neither in bold. Those come from the American Community Survey, which samples rather than counts, and the gap between the two is smaller than the uncertainty on the figures themselves — so the survey did not find a difference to report, and calling either one the winner would be reading a result out of noise.

The number of units permitted is not marked because the larger place always permits more; the per-resident rate is the fair comparison. The year-over-year change is not marked either: a percentage on fewer than 300 units swings on a handful of permits.

Physical risk tradeoff

Indianapolis

Elevated or high exposure: earthquake.

Lawrence

Elevated or high exposure: earthquake.

Your best match

Weight what matters to you. Your preferences stay in this browser and never change either Area Score.

Indianapolis
—
Indianapolis: Your Score
58
Area Score
Lawrence
—
Lawrence: Your Score
61
Area Score

Select your priorities to see which of the two fits them better.

Full profiles: Indianapolis, IN · Lawrence, IN · How this is calculated: methodology