Product Manager · Salary Comparison · 2026
Product Manager Salary: Indianapolis, IN vs Austin, TX
Side-by-side comparison of salary, taxes, cost of living, and take-home pay for Product Managers in Indianapolis, IN and Austin, TX, based on BLS OEWS 2026 data.
1Which City Pays More After Tax?
Higher Gross Salary
✓ Austin, TX
$102,000 vs $145,000
Better Purchasing Power
✓ Austin, TX
$113,333 vs $116,935
Best Take-Home (COL-Adj)
✓ Austin, TX
$101,421 vs $108,048
2
Detailed Comparison
| Metric | Indianapolis, IN | Austin, TX | Diff |
|---|---|---|---|
| Median Annual Salary | $102,000 | $145,000▲ | -$43,000 |
| 25th Percentile | $77,000 | $109,000▲ | -$32,000 |
| 75th Percentile | $134,000 | $191,000▲ | -$57,000 |
| 90th Percentile | $168,000 | $238,000▲ | -$70,000 |
| Cost of Living Index | 90 | 124 | -34 |
| State Income Tax | 3.15% | 0%▲ | +3.15% |
| COL-Adjusted Median | $113,333 | $116,935▲ | -$3,602 |
| Est. Annual Take-Home | $91,279 | $133,980▲ | -$42,701 |
| COL-Adj. Take-Home | $101,421 | $108,048▲ | -$6,627 |
| Total Employment | 2,000 | 7,000 | -5,000 |
▲ = Higher value wins for this metric. Diff = Indianapolis, IN minus Austin, TX.
3Summary Analysis
On paper, Austin, TX pays $43,000 more (median: $102,000 vs $145,000). However, after adjusting for cost of living (index 90 vs 124), Austin, TX provides better purchasing power ($113,333 vs $116,935 equivalent). Austin, TX has no state income tax, which is a significant advantage.
Data: U.S. Bureau of Labor Statistics OEWS · 2026 · Cost-of-living indices from composite metro area data. Take-home estimates approximate only — consult a tax professional for accurate figures.