Carmel, Indiana vs. Indianapolis, Indiana

Cost of Living Comparison

The cost of living in Indianapolis, Indiana is 25.9% cheaper than Carmel, Indiana.

You would need a salary of $519,019 in Indianapolis, Indiana to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Indianapolis, Indiana is cheaper than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
54% cheaper in Indianapolis
than in Carmel, Indiana
Carmel, IN vs. Indianapolis, IN
Compared to Carmel, Indianapolis is:
  Homeowner
      No Child Care, Taxes not Considered
  25.9% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  7.5% lower
  Housing (Homeowner)
  59.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.4% higher
  Commute
  0.3% higher
  Health
  0.8% higher
  Taxes
  Childcare
  Personal
  10.2% lower