Things to Know Before Moving To Indiana
Indiana may be best known for its obsession with sports (and limestone) but what may not be in the public domain is that the Midwestern state has one of the lowest cost of living in the United States. A dollar stretches a long way here, longer than it would in 41 states. Anyone looking to relocate to the Hoosier State will also be happy to know home prices in Indiana are among the most affordable in the country.
It is the 16th largest state economy in the United States and this, coupled with the sixth lowest unemployment rate in the nation, makes for very interesting reading, or living rather. The state’s economy is mainly flanked by agriculture, manufacturing, and automotive industries. Also of notable importance is healthcare and education, not forgetting the two prestigious universities based here: Purdue and Notre Dame.
A dollar stretches a long way here, longer than it would in 41 states. Anyone looking to relocate to the Hoosier State will also be happy to know home prices in Indiana are among the most affordable in the country. As well, the state boasts a strong economy that is about the size of Norway, according to the American Enterprise Institute.
If you’re moving to Indiana, there are a lot of things you’re going to need to know. Luckily, you’ve come to the right place.
What Should I Know In 2020?
The Indianapolis economy will continue its recovery in 2021, with output, employment, and incomes trending back toward where they were at the end of 2019. Output will likely be up between 3% and 4% during 2021, and employment will grow by about 70,000 jobs. While these numbers are quite strong, they represent a recovery from a weak baseline of economic activity. We will recover from our COVID-19 hangover in 2021, and hopefully be ready to enjoy a healthy economy heading into 2022.
The pandemic has damaged Indiana’s labor force, which had been recovering from losses experienced during the Great Recession. Currently, it is difficult to tell what permanent damage may result from what we have experienced this year in the labor markets. Yet, when we consider people who are experienced workers in industries particularly affected by the pandemic—for instance, leisure workers, hospitality workers, hotel professionals, restauranters, airline workers or commercial real estate professionals—these workers may not easily have jobs waiting for them once lockdown restrictions lift and once the pandemic lifts once and for all. Due to age and other factors, transferring into different industries may prove difficult.
Growth in Indiana is not uniform across the regions, but instead is more heavily concentrated in some of the larger urban areas. Due to the strength of economic diversity and population growth, Indianapolis, the Louisville area and the northwest region have produced higher levels of jobs gains over the last several years. Jobs have lagged in smaller industrial cities.
Get a Quote
What Our Clients Say
Moving is such a stressful experience but this company made it very easy. I was able to get a quote and schedule my move without any issues. The movers showed up early and completed the job in the time i was quoted with no issues. I would absolutely recommend them to a friend and use them if i ever move again.
Such a great company to work with, they provided me a smooth move! They were very professional, all of my items were in the same shape as they were in my prior home, nothing broke along the way and absolutely nothing went missing! Such a perfect move!
These guys are great.............Everything was smooth and easy.......I would highly recommend for anybody who is moving......local or long distance...we moved from southern Calif to Prescott...all good...If you want the best then you want Real Movers
What a extraordinary first experience using a professional moving company! The move was very organized and quick, I have also been very hesitant to use a moving company, expecting a huge bill, but Real Movers was very affordable! Thank you guys for an amazing job!
I have used Real Movers twice, and both times I have been impressed with their efficiency, communication, and care. They are a great team.
Real Movers made my move easy and stress-free. The cost was less than anticipated, From the time I first contacted them for a quote, and throughout the time prior to the move, communication was ongoing. They were the first company I contacted and didn't feel a need to obtain any other quotes.
Amazing price, amazing service. Real Movers made great work. They were polite, prompt, careful, and Strong! They took the stress out of me, forever thankful..highly recommend!
Traffic & Transportation
IndyGo, Indianapolis Public Transportation Corporation, provides commuting options to residents and guests of Indianapolis. There are 30 Fixed Routes. Including:
- Route 8 Washington Street Cross-Town – $1.75 per ride. Serving Indianapolis International Airport seven days a week (including holidays) with trips to and from every 30 minutes. Passengers can expect 45 minutes of travel time. Westbound buses to the airport stop along Ohio Street within walking distance of several downtown hotels. At the airport’s Ground Transportation Center, downtown-bound passengers can board Route 8 at Zone 6.
- The Red Line Downtown/IUPUI Circulator – $1.75 per ride, Monday-Saturday, 7 a.m.-10 p.m.
- Other Fixed Routes throughout Indianapolis – $4 Day Pass
Cost of living
With an overall cost of living index of 90.4, Indiana comes in at number ten for the most affordable cost of living in the U.S, but that definitely doesn’t mean it’s expensive!1 While smaller towns and cities typically provide a cheaper lifestyle than big cities, Indianapolis, Indiana’s capital city, is one of the most affordable cities in the country.
The median price for a house in the Hoosier State is $142,600, while $662 is the average monthly rent for a one-bedroom apartment. Its natural resources like coal are an important part of the economy.
The median price for a house in the Hoosier State is $142,600, while $662 is the average monthly rent for a one-bedroom apartment. The cost of living in Indianapolis is 12% lower than Atlanta and 17% less than Dallas, Texas.
Median 2-bedroom apartment rent $1,072
Median home price (3BR, 2BA) $264,195. Gas (per gallon) $2.78.
Cost of a doctor’s visit $91.86
Cost of dentist visit $93.80
Cost of optometrist visit $57.80
Cost of lipitor $497.71
Moving to Indiana
Are You Moving From or To Indiana?
Moving is one of the most exciting and overwhelming events in our lives. While there are many moving companies and various different resources to choose from, there is only one Real Movers. If you are in the process of planning a long-distance move, and you are looking for a moving company you can trust, Real Movers is your perfect choice.