Last update: Oct 2026

Cost of Living Comparison Between Indianapolis, IN and Malmo

For one person, living is cheaper in Malmo: $2,092 a month against $2,684 in Indianapolis, IN, rent and utilities included – about $7,100 less a year. Rent and utilities account for most of the difference.

130

Cost of Living Index in Indianapolis, IN
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Indianapolis, IN Living Index
101

Cost of Living Index in Malmo
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Malmo Living Index

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Indianapolis, IN

🇺🇸 United States

$2,684

/mo nomad

Malmo

🇸🇪 Sweden

$2,092

/mo nomad

Monthly Cost of Living

How much you'll spend in Indianapolis, IN and in Malmo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Indianapolis, IN and in Malmo actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,684 in Indianapolis, IN versus $2,092 in Malmo.

Indianapolis, IN $2,684
Malmo $2,092

Estimated couple costs with rent: $3,851 in Indianapolis, IN versus $3,149 in Malmo.

Indianapolis, IN $3,851
Malmo $3,149

Monthly costs for a family of three with rent: $5,019 in Indianapolis, IN versus $4,206 in Malmo.

Indianapolis, IN $5,019
Malmo $4,206

Living in Indianapolis, IN is roughly 28% more expensive than in Malmo, and outside of rent the biggest gap is in utilities.

Both cities are pricier than the global median: Indianapolis, IN 97% above, Malmo 54% above.

Meal at Budget Restaurant

$19.99 $19.99

$15.17 SEK 149

31.77%

Three-Course Dinner for Two, Mid-Range

$79.7 $79.7

$76.1 SEK 746

4.81%

Fast Food Meal (McDonalds, etc)

$11.89 $11.89

$12.18 SEK 120

-2.38%

Cappuccino

$5.65 $5.65

$4.94 SEK 48.44

14.37%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.31 $3.31

$3.50 SEK 34.36

-5.43%

Water (0.33 liter bottle)

$2.64 $2.64

$2.70 SEK 26.51

-2.22%

Local Beer (0.5 liter draught)

$6.18 $6.18

$8.69 SEK 85.3

-28.88%

Imported Beer (0.33 liter bottle)

$8.06 $8.06

$9.11 SEK 89.4

-11.53%

Milk (1 liter)

$0.86 $0.86

$1.67 SEK 16.36

-48.50%

White Bread (500g)

$3.27 $3.27

$2.84 SEK 27.91

15.14%

Rice (white) (1kg)

$4.64 $4.64

$3.44 SEK 33.76

34.88%

Eggs

$3.74 $3.74

$4.12 SEK 40.42

-9.22%

Local Cheese (1kg)

$12.44 $12.44

$13.17 SEK 129

-5.54%

Chicken Fillets (1kg)

$12.47 $12.47

$11.85 SEK 116

5.23%

Beef Round Steak (1kg)

$17.35 $17.35

$21.25 SEK 209

-18.35%

Apples (1kg)

$5.58 $5.58

$2.97 SEK 29.11

87.88%

Banana (1kg)

$1.47 $1.47

$2.63 SEK 25.76

-44.11%

Oranges (1kg)

$4.96 $4.96

$2.94 SEK 28.85

68.71%

Tomato (1kg)

$4.22 $4.22

$4.26 SEK 41.77

-0.94%

Potato (1kg)

$2.52 $2.52

$1.63 SEK 15.97

54.60%

Onion (1kg)

$2.91 $2.91

$1.55 SEK 15.26

87.74%

Lettuce (1 head)

$2.43 $2.43

$2.51 SEK 24.65

-3.19%

Water (1.5 liter bottle)

$2.54 $2.54

$1.18 SEK 11.55

115.25%

Cigarettes 20 Pack (Marlboro, Camel)

$11.45 $11.45

$8.17 SEK 80.2

40.15%

Wine (Bottle)

$15.56 $15.56

$11.38 SEK 112

36.73%

Local Beer (0.5 liter bottle)

$2.00 $2.00

$2.05 SEK 20.11

-2.44%

Imported Beer (0.33 liter bottle)

$3.59 $3.59

$2.37 SEK 23.29

51.48%

One-way Ticket (Public Transport)

$1.76 $1.76

$3.22 SEK 31.65

-45.34%

Public Transport Monthly Pass (Regular Price)

$60.6 $60.6

$63.9 SEK 627

-5.19%

Taxi Start (Normal Tariff)

$2.05 $2.05

$6.05 SEK 59.4

-66.12%

Taxi (Normal Tariff) (1km)

$1.69 $1.69

$2.48 SEK 24.37

-31.85%

Taxi 1hour Waiting (Normal Tariff)

$33.96 $33.96

$49.44 SEK 485

-31.31%

Gasoline (1 liter)

$0.93 $0.93

$1.79 SEK 17.55

-48.04%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$30.7K $30.7K

$32.6K SEK 320.3K

-5.81%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.7K $25.7K

$33.3K SEK 326.5K

-22.70%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$234 $234

$144 SEK 1,412

62.85%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$61.2 $61.2

$25.21 SEK 247

142.68%

Internet (50+ Mbps, Unlimited Data)

$64.5 $64.5

$40.19 SEK 394

60.44%

Gym Membership (Monthly)

$36.87 $36.87

$39.31 SEK 386

-6.21%

Tennis Court (1 Hour on Weekend)

$41.90 $41.90

$29.48 SEK 289

42.13%

Cinema Ticket

$14.80 $14.80

$17.12 SEK 168

-13.55%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,736 $1,736

$168 SEK 1,651

931.87%

International Primary School, 1 Child (Yearly)

$24.5K $24.5K

$3,352 SEK 32.9K

630.99%

Jeans (Levis 501 Or Similar)

$56.5 $56.5

$102 SEK 1,001

-44.60%

Summer Dress (H&M, Zara, etc)

$44.97 $44.97

$45.62 SEK 448

-1.42%

Sport Shoes (Adidas, Nike)

$112 $112

$111 SEK 1,086

1.10%

Men's Leather Business Shoes

$143 $143

$156 SEK 1,533

-8.16%

1-bedroom Apartment, City Center (Monthly)

$1,651 $1,651

$1,100 SEK 10.8K

50.16%

1-bedroom Apartment, Outside City Center (Monthly)

$1,278 $1,278

$852 SEK 8,363

49.98%

3-bedroom Apartment, City Center (Monthly)

$2,666 $2,666

$1,765 SEK 17.3K

51.03%

3-bedroom Apartment, Outside City Center (Monthly)

$1,909 $1,909

$1,343 SEK 13.2K

42.12%

Buy Apartment in City Center (m2)

$2,768 $2,768

$4,098 SEK 40.2K

-32.45%

Buy Apartment Outside City Center (m2)

$1,751 $1,751

$3,158 SEK 31.0K

-44.55%

Average Monthly Net Salary (After Tax)

$4,222 $4,222

$2,979 SEK 29.2K

41.75%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.57

3.05

115.41%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Indianapolis, IN: October 24, 2026

Last update for Malmo: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Indianapolis, IN

$1.3K 47.6%

Malmo

$852 40.8% 33.3% $426

Groceries & Markets

Indianapolis, IN

$406 15.1%

Malmo

$371 17.8% 8.6% $35

Monthly Utilities & Internet

Indianapolis, IN

$360 13.4%

Malmo

$209 10% 41.9% $151

Eating Out

Indianapolis, IN

$334 12.5%

Malmo

$304 14.5% 9.2% $31

Clothing & Footwear

Indianapolis, IN

$161 6%

Malmo

$187 8.9% 16.2% $26

Getting Around

Indianapolis, IN

$78 2.9%

Malmo

$95 4.6% 21.9% $17

Sport & Entertainment

Indianapolis, IN

$66 2.5%

Malmo

$74 3.5% 10.7% $7.1

Cost Breakdown

A one-bedroom apartment in the center runs $1,651 in Indianapolis, IN and $1,100 in Malmo. Housing cost is often the main lever when comparing two cities.

Indianapolis, IN pays 42% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $80 in Indianapolis, IN vs $76 in Malmo for a mid-range dinner for two. Groceries echo the gap at $406 vs $371 per month, with Malmo cheaper across the board.

Good to know

🇺🇸 Indianapolis, IN

🇸🇪 Malmo

🕒 Local time

13:01 1:01 PM

19:01 7:01 PM

6 h ahead of Indianapolis, IN

🌤 Weather

👥 Population

882,039

316,588

💱 Currency

United States Dollar USD $

Swedish Krona SEK kr

📈 Exchange rate

1 USD = 0.896 EUR

100 SEK = 10.19 USD

100 SEK = 9.13 EUR

Exchange rates and currency converter

SEK, EUR to USD – United States Dollar Converter

🇸🇪 Swedish Krona (kr)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of November 1, 2026: 1 EUR = 1.12 USD (1 USD = 0.896 EUR).

Swedish Krona exchange rates as of November 1, 2026: 1 USD = 9.81 SEK (1 SEK = 0.102 USD). 1 EUR = 10.96 SEK (100 SEK = 9.13 EUR).

SEK to USD in detail →

On the map

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Between locations

Indianapolis, IN Malmo 6,970 km ≈ 9 h nonstop flight

From you

Indianapolis, IN
Malmo

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Indianapolis, IN vs Malmo: Cost of Living - Frequently Asked Questions

Malmo wins on cost – living expenses run 22% lower than in Indianapolis, IN. Housing and daily spending are where you’ll feel the difference most, making Malmo the obvious pick if budget is a priority.

Average pay runs 42% higher in Indianapolis, IN, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,651 in Indianapolis, IN versus $1,100 in Malmo. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Malmo – a meal for two runs $76 versus $80 in Indianapolis, IN. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you’ll spend $2,684 per month in Indianapolis, IN versus $2,092 in Malmo – Malmo is about 22% cheaper, which adds up to real savings over time.

Both cities are expensive relative to $2,000. Malmo is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

Both work as nomad bases, but Malmo delivers better value at $2,092 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Malmo hard to pass up.

It comes down to priorities – Malmo wins on affordability, Indianapolis, IN on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.