TakeHomeTax

Illinois vs Indiana:
Take-Home Pay Comparison

Side-by-side tax comparison between Illinois (4.95% top rate, flat) and Indiana (2.95% top rate, flat). See which state lets you keep more at every salary level, and how cost of living changes the picture.

On a $100K salary
+$2,000/year
Indiana keeps $2,000 more per year than Illinois
Thats $167/month \u00B7 $10,000 over 5 years
Illinois
State Tax Structure4.95% flat
Federal Tax$13,225
FICA (SS + Medicare)$7,650
State + Local Tax$4,950
Total Taxes$25,825
Annual Take-Home$74,175
Monthly Take-Home$6,181
Effective Tax Rate25.8%
Cost of Living Index93
Cost-Adjusted Value$79,758
Indiana Winner
State Tax Structure2.95% flat + local
Federal Tax$13,225
FICA (SS + Medicare)$7,650
State + Local Tax$2,950
Total Taxes$23,825
Annual Take-Home$76,175
Monthly Take-Home$6,348
Effective Tax Rate23.8%
Cost of Living Index90
Cost-Adjusted Value$84,639

Tax Structure: Illinois vs Indiana

Illinois uses a flat income tax (4.95% flat) while Indiana has a flat system (2.95% flat + local). On a $100K salary, Illinois takes $4,950 in state and local taxes compared to Indianas $2,950 \u2014 a difference of $2,000.

Both states use flat brackets, but Illinois’s top rate of 4.95% is higher than Indiana’s 2.95%.

Indiana also has local income taxes (estimated at $0/year on $100K), which Illinois does not.

Take-Home at Every Salary Level

Indiana wins at 10 out of 10 salary levels tested. The advantage exists but is modest across the income spectrum.

SalaryIllinoisIndianaDifferenceWinner
$40K$32,340$33,140+$800Indiana
$50K$39,880$40,880+$1,000Indiana
$60K$47,420$48,620+$1,200Indiana
$75K$57,825$59,325+$1,500Indiana
$100K$74,175$76,175+$2,000Indiana
$120K$87,255$89,655+$2,400Indiana
$150K$106,326$109,326+$3,000Indiana
$200K$138,987$142,987+$4,000Indiana
$250K$170,889$175,889+$5,000Indiana
$300K$200,479$206,479+$6,000Indiana

Cost of Living: Illinois (93) vs Indiana (90)

Take-home pay only tells part of the story. Illinois has a cost of living index of 93 while Indiana is at 90 (national average = 100).

With similar costs of living (93 vs 90), the tax difference is the primary factor. What you see in raw take-home pay is essentially what you get in purchasing power: $79,758 in Illinois vs $84,639 in Indiana.

Illinois \u2014 Cost-Adjusted
$79,758
Purchasing power of $74,175 take-home
Indiana \u2014 Cost-Adjusted
$84,639
Purchasing power of $76,175 take-home

Married Filing Jointly: How It Changes the Comparison

For a single earner at $100K filing jointly, take-home becomes $79,760 in Illinois and $81,760 in Indiana \u2014 a difference of $2,000. The gap remains similar regardless of filing status.

Should You Move from Illinois to Indiana?

On paper, moving from Illinois to Indiana would save $2,000/year on a $100K salary, or $10,000 over 5 years. But relocation involves real costs: moving expenses, potentially buying/selling a home, changing jobs, and adjusting to a new community.

At $2,000/year, the tax difference alone likely isn’t worth relocating for. Other factors — job market, lifestyle, family — should drive the decision. The tax savings are a nice bonus if you’re already considering the move for other reasons.

Explore Each State in Detail

Compare at Specific Salary Levels

$40K
IN saves $800/yr
$45K
IN saves $900/yr
$50K
IN saves $1,000/yr
$55K
IN saves $1,100/yr
$60K
IN saves $1,200/yr
$65K
IN saves $1,300/yr
$70K
IN saves $1,400/yr
$75K
IN saves $1,500/yr
$80K
IN saves $1,600/yr
$85K
IN saves $1,700/yr
$90K
IN saves $1,800/yr
$95K
IN saves $1,900/yr
$100K
IN saves $2,000/yr
$110K
IN saves $2,200/yr
$120K
IN saves $2,400/yr
$130K
IN saves $2,600/yr
$140K
IN saves $2,800/yr
$150K
IN saves $3,000/yr
$175K
IN saves $3,500/yr
$200K
IN saves $4,000/yr
$250K
IN saves $5,000/yr
$300K
IN saves $6,000/yr
$400K
IN saves $8,000/yr
$500K
IN saves $10,000/yr
The Take-Home Tax Guide
Weekly tips on reducing your tax burden, state tax changes, and salary negotiation strategies. Free.