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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Phoenix, AZ vs Indianapolis city (balance), IN

Side-by-side fiscal comparison · U.S. Census Bureau data (2023)

Reviewed by CitySpend Editorial Team · Updated

Indianapolis city (balance), IN outspends Phoenix, AZ by a wide margin per resident — $46,045 versus $15,793, a 192% difference. A gap this size usually reflects a structurally different service mix or accounting scope rather than a single line item.

Indianapolis city (balance), IN edges Phoenix, AZ on the Fiscal Health Score by 7 points — 74/100 (grade B) to 67/100 (grade B). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.

On debt, Indianapolis city (balance), IN carries the lighter load at $577 per resident versus $1,156 for Phoenix, AZ. Their budgets diverge on where the largest per-resident dollars go: Phoenix, AZ leads with parks and recreation at $652 per resident, while Indianapolis city (balance), IN leads with police at $2,032.

They also fund themselves differently: intergovernmental transfers is the largest single revenue source in Phoenix, AZ at 100% of total revenue, whereas Indianapolis city (balance), IN relies most on other revenue at 6%.

Summary

Indianapolis city (balance) spends 65.7% more per capita than Phoenix ($30,252/person difference). Indianapolis city (balance), IN has the stronger Fiscal Health Score (B, 74/100).

Fiscal Health Score

City A
Phoenix, AZ
Pop. 1,609,456
B
67/100
Budget Balance93
Debt Burden45
Pension Funding76
Spending Efficiency100
Revenue Diversity0
Trend Direction50
B
74/100
Budget Balance98
Debt Burden98
Pension Funding76
Spending Efficiency0
Revenue Diversity100
Trend Direction50

Key Metrics

Metric
Phoenix
Indianapolis city (balance)
Total Spending
$25.4B
$40.6B
Spending / Capita
$15,793
$46,045
Total Revenue
$81.6B
$66.0B
Revenue / Capita
$50,709
$74,799
Total Debt
$1.9B
$509.0M
Debt / Capita
$1,156
$577
Population
1,609,456
882,006
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Police
Phoenix$0
Indianapolis city (balance)$2,032
Fire Protection
Phoenix$170
Indianapolis city (balance)$397
Highways & Roads
Phoenix$86
Indianapolis city (balance)$0
Parks & Recreation
Phoenix$652
Indianapolis city (balance)$798
Education
Phoenix$214
Indianapolis city (balance)$0
Health
Phoenix$258
Indianapolis city (balance)$0

Revenue Breakdown (Per Capita)

PhoenixIndianapolis city (balance)
Property Tax
$7
$20
Sales Tax
$338
$178
Income Tax
$1,260
$136
Intergovernmental
$50,709
$1,312
Charges & Fees
$2,998
$2,813
Other
$2,038
$4,675

Spending Breakdown (Per Capita)

PhoenixIndianapolis city (balance)
Police
$0
$2,032
Fire Protection
$170
$397
Highways & Roads
$86
$0
Education
$214
$0
Public Welfare
$507
$1,469
Health
$258
$0
Hospitals
$1,521
$2,453
Parks & Recreation
$652
$798
Housing
$3,879
$2,664
Sewerage
$388
$248
Utilities
$2,480
$2,227
Interest on Debt
$1,760
$1,381
General Admin
$0
$23,227
Other
$3,878
$9,149
B
Phoenix, AZ
Fiscal Health Score: 67/100
Good fiscal health
B
Indianapolis city (balance), IN
Fiscal Health Score: 74/100
Good fiscal health

Compare More Cities

Source: Census Annual Survey of State and Local Government Finances, 2026.