Illinois vs Indiana
On a $100,000 income and each state’s median home, Indiana costs about $5,630 less per year in state income and property tax combined.
Where the gap is widest
The largest difference between Illinois and Indiana is property tax on median home ($5,621 vs $1,991).
- Property tax on median home: Indiana is lower ($5,621 vs $1,991)
- Effective property tax: Indiana is lower (1.88% vs 0.76%)
- Max weekly unemployment: Indiana is lower ($859 vs $390)
- Minimum wage: Indiana is lower ($15.00 vs $7.25)
- Top income tax rate: Indiana is lower (4.95% vs 2.95%)
Side by side
| Measure | Illinois | Indiana | Which is higher |
|---|---|---|---|
| Property tax on median home | $5,621 | $1,991 | IL higher |
| Effective property tax | 1.88% | 0.76% | IL higher |
| Max weekly unemployment | $859 | $390 | IL higher |
| Minimum wage | $15.00 | $7.25 | IL higher |
| Top income tax rate | 4.95% | 2.95% | IL higher |
| Income tax on $100k | $4,950 | $2,950 | IL higher |
| Median 2BR rent | $1,579 | $1,255 | IL higher |
| Avg home insurance | $1,480 | $1,259 | IL higher |
| Median household income | $83,211 | $71,959 | IL higher |
| Median home price | $299,000 | $262,000 | IL higher |
| State sales tax | 6.25% | 7.00% | IN higher |
| Cost of living index | 95.1 | 88.3 | IL higher |
State income tax by income level
| Income | Illinois | Indiana | Difference |
|---|---|---|---|
| $30,000 | $1,485 | $885 | +$600 |
| $40,000 | $1,980 | $1,180 | +$800 |
| $50,000 | $2,475 | $1,475 | +$1,000 |
| $60,000 | $2,970 | $1,770 | +$1,200 |
| $75,000 | $3,713 | $2,213 | +$1,500 |
| $90,000 | $4,455 | $2,655 | +$1,800 |
| $100,000 | $4,950 | $2,950 | +$2,000 |
| $125,000 | $6,188 | $3,688 | +$2,500 |
| $150,000 | $7,425 | $4,425 | +$3,000 |
| $175,000 | $8,663 | $5,163 | +$3,500 |
| $200,000 | $9,900 | $5,900 | +$4,000 |
| $250,000 | $12,375 | $7,375 | +$5,000 |
| $300,000 | $14,850 | $8,850 | +$6,000 |
| $400,000 | $19,800 | $11,800 | +$8,000 |
| $500,000 | $24,750 | $14,750 | +$10,000 |
Property tax by home value
| Home value | Illinois | Indiana | Annual gap |
|---|---|---|---|
| $150,000 | $2,820 | $1,140 | $1,680 |
| $200,000 | $3,760 | $1,520 | $2,240 |
| $250,000 | $4,700 | $1,900 | $2,800 |
| $300,000 | $5,640 | $2,280 | $3,360 |
| $400,000 | $7,520 | $3,040 | $4,480 |
| $500,000 | $9,400 | $3,800 | $5,600 |
| $600,000 | $11,280 | $4,560 | $6,720 |
| $750,000 | $14,100 | $5,700 | $8,400 |
| $900,000 | $16,920 | $6,840 | $10,080 |
| $1,200,000 | $22,560 | $9,120 | $13,440 |
Cumulative difference over time
| Period | Total difference | Cheaper |
|---|---|---|
| 1 year | $5,630 | Indiana ahead |
| 2 years | $11,260 | Indiana ahead |
| 3 years | $16,890 | Indiana ahead |
| 5 years | $28,150 | Indiana ahead |
| 10 years | $56,300 | Indiana ahead |
Income tax figures apply each state’s top marginal rate as a simplification and exclude federal tax, local surtaxes and deductions. Property tax uses each state’s effective rate on its own median home. Sources.
Last reviewed 2026-08-26.