Carmel, Indiana vs. Owensboro, Kentucky

Cost of Living Comparison

The cost of living in Owensboro, Kentucky is 30.0% cheaper than Carmel, Indiana.

You would need a salary of $28,017 in Owensboro, Kentucky to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Owensboro, Kentucky is cheaper than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
62% cheaper in Owensboro
than in Carmel, Indiana
Carmel, IN vs. Owensboro, KY
Compared to Carmel, Owensboro is:
  Homeowner
      No Child Care, Taxes not Considered
  30.0% 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
  9.4% lower
  Housing (Homeowner)
  62.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  7.0% higher
  Commute
  18.1% lower
  Health
  23.5% higher
  Taxes
  Childcare
  Personal
  10.3% lower