Newark, New Jersey vs. Carmel, Indiana

Cost of Living Comparison

The cost of living in Carmel, Indiana is 6.8% cheaper than Newark, New Jersey.

You would need a salary of $186,482 in Carmel, Indiana to maintain the standard of living you have in Newark, New Jersey.
Comparison highlights
• Overall, Carmel, Indiana is cheaper than Newark, New Jersey
• Transportation is the biggest factor in the cost of living difference.
Transportation
42% cheaper in Carmel
than in Newark, New Jersey
Newark, NJ vs. Carmel, IN
Compared to Newark, Carmel is:
  Homeowner
      No Child Care, Taxes not Considered
  6.8% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  2.4% lower
  Housing (Homeowner)
  32.3% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  21.3% lower
  Commute
  42.0% lower
  Health
  0.4% higher
  Taxes
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  Childcare
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  Personal
  4.8% lower
Cost of Food
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