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Cost of Living

Natural Gas Rates
Summary of Retail Large Volume Survey 2,063,025 Therms
Annual Bill for the Period Ending September 30, 2000
Indianapolis, IN $732,853.60  
Chicago, IL $816,687.54
Des Moines, IA $833,209.14
Peoria, IL $873,456.29
Detroit, MI $884,753.16
St. Louis, MO $886,402.63
Louisville, KY $940,257.57
Kansas City, MO $967,271.40
Milwaukee,Wl $988,794.82
Denver, CO $990,723.50
Dayton, OH $1,090,497.76
Pittsburgh, PA $1,092.418.48
Cleveland, OH $1,120,601.64
Baltimore, MD $1,141,443.99
Cincinnati, OH $1,156,344.89
Columbus, OH $1,157,413.45
Boston, MA $1,308,045.38
New York, NY $1,331,672.55
Washington, DC $1,597,225.02
Philadelphia, PA $1,702,508.14
*Source: Citizens Gas and Coke Utility, September 30, 2000
 

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Commercial Electric Bills

Cost of 300 KW, I50,000 KWH Per Month
Using the Rates in Effect July 1, 2000
Indianapolis MSA $5,705  
Salt Lake City $6,146
Denver $6,605
Indianapolis $7,390  
Raleigh-Durham $7,542
Atlanta $7,852
Minneapolis $8,231
Austin $8,967
Chicago $9,665
Phoenix $10,558
Pittsburgh $10,669
Baltimore $11,794
Cleveland $12,880
San Jose $15,458
Boston $15,578
*Source: Edison Electric Institute & Austin Energy courtesy Cinergy
 

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Top Employers Indianapolis Metro Area

Company No. Employees
Clarian Health (Methodist, IU & Riley Hospitals) 9536
Eli Lilly and Co 9503
Community Hospitals Indianapolis 7800
Indiana University-Purdue University Indianapolis 7062
Marsh Supermarkets Inc. /Village Pantry 7000
St. Vincent Hospital and Health Services 6000
The Kroger Company, Central Marketing Area 5400
Rolls-Royce Allison 4900
Bank One, Indianapolis N.A 4600
Allison Transmission/Div. of GMC 4130
FedEx 4000
Ameritech 3652
St. Francis Hospital and Health Centers 3600
Delphi Energy & Engine Management Systems 3550
PSI Energy 3366
Wal-Mart 3167
Conseco Inc. 3127
Ford Motor Co 3100
Anthem Inc 3000
Archdiocese of Indianapolis 3000
American Trans Air 2900
GM Metal Fabricating Division 2800
Thomson Consumer Electronics 2800
United Parcel Service 2694
U.S.A. Group Inc. 2480
Delphi Interior & Lighting Systems 2300
Navistar International 2300
United Airlines Maintenance Center 2250
Brylane Inc 2200
CVS Pharmacy 2118
Indianapolis Power & Light Co 2000
National City Bank 1850
Hardee's Food Systems Inc 1800
Indianapolis Newspapers Inc 1700
Dow AgroSciences 1600
Lazarus 1600
MCL Cafeterias 1500
Roche Diagnostics 1500
St. John's Health Systems 1450
BMG Entertainment 1450
United Technologies/Carrier Corp 1400
American United Life Insurance Co 1400
Chrysler Corp./Indianapolis Foundry 1337
Safeco Corp 1300
Goodwill Industries of Central Indiana Inc 1300
L.S. Ayres & Co 1249
K-Mart 1223
Arvin Industries Inc 1216
Resort Condominiums International 1208
General Hotels Corp 1200

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Average Wages for Indianapolis for Indianapolis MSA Workers

Profession  Annual Wage Hourly Wage
Accountant $35,025 $16.84
Assembler (electronic) $19,947 $9.59
Assembler (heavy) $27,547 $13.24
CNC Operator $31,825 $15.30
Computer Programmer $39,115 $18.81
Computer Programmer - Senior $49,705 $23.90
Database Administrator $56,969 $27.39
Data Entry Operator $21,195 $10.19
Electronic Technician $30,534 $14.68
Electrical Engineer $48,013 $23.08
Electrical Engineer - Senior $64,824 $31.17
Information Systems Director $72,922 $35.06
Internet/intranet Developer $46,715 $22.46
Laboratory Technician $29,445 $14.16
Material Handler $23,896 $11.49
Network Administrator $46,488 $22.35
Offset Press Operator $31,795 $15.29
Production Scheduler $36,332 $17.47
Programmer/Analyst $44,325 $21.31
Programmer/Analyst - Senior $56,321 $27.08
Receptionist $22,337 $10.74
Software Engineer $64,203 $30.87
Telemarketing Rep $23,999 $11.54
*Source: Compensation Data 2000 - Indiana

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Indianapolis MSA Population Breakdown

Current Per Capita
MSA Current Labor Personal Age Distribution
Counties Population Force Income 0-4 5-17 18-24 25-44  45-64 65+
Boone 44,835 24,560 32,762 3,224 8,744 2,949 13,986 10,541 5,391
Hamilton 172,094 94,440 39,295 13,552 34,902 11,225 59,806 39,159 13,450
Hancock 55,617 30,350 28,337 3,445 11,163 4,121 16,985 13,707 6,196
Hendricks 98,826 53,190 27,775 6,554 19,728 7,529 31,689 23,329 9,997
Johnson 112,724 61,920 27,357 7,661 22,029 10,070 35,774 25,254 11,936
Madison 130,990 65,600 23,220 7,989 23,227 11,952 37,592 31,131 19,099
Marion 810,946 451,530 28,851 62,059 142,420 77,662 269,488 166,691 92,626
Morgan 67,003 35,300 23,337 4,534 13,474 5,511 20,254 16,129 7,101
Shelby 43,630 23,530 23,817 3,082 8,511 3,457 13,112 9,969 5,499
Total: 1,536,665 93,380 28,306 112,100 284,198 134,476 498,686 335,910 171,295
*1999 Census Estimate 2 Nov. 2000 IN DWD 3 1998 BLS

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State Taxes

Indiana Corporate Income Tax:
Net effective rate: 7.7% of adjusted gross income
Indiana Sales Tax: 5.0%
Indiana Individual Income Tax: 3.4%
Worker's Compensation:
Average rate for manufacturing: $2.52/$100 of Indiana payroll
Average rate for office project: $0.27/$100 of Indiana payroll
Average rate for distribution: $3.71/$100 Indiana payroll
Unemployment Insurance:
New employer rate: 2.7%
Experienced employer average rate: 1.4%
Taxable wage base: $7,000

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Cost of Living Comparisons

City State 3rd Qtr 1998 COLI 3rd Qtr 2000 COLI % of Savings
Indianapolis IN 96.6 94.7   
Baltimore MD 96 96.8 2.2 
Cincinnati OH 98.3 98.3 -3.7 
Phoenix AZ 102.3 99.0 -4.3 
Atlanta GA 102.2 102.0 -7.2
Salt Lake City UT 107.9 103.1 -8.1 
Raleigh-Durham NC 101.8 105.5 -10.2
Chicago IL N/A 107.4 -11.8
Minneapolis MN 103.7 109.2 -13.3 
Cleveland OH 112.6 109.8 -13.8
Denver CO 108.1 110.0 -13.9
Boston MA 131.9 132.5 -28.5 
New York City NY 231.3 241.0 -60.7

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