Carmel, Indiana vs. Albany, New York

Cost of Living Comparison

The cost of living in Albany, New York is 15.7% cheaper than Carmel, Indiana.

You would need a salary of $101,135 in Albany, New York to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Albany, New York is cheaper than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
48% cheaper in Albany
than in Carmel, Indiana
Carmel, IN vs. Albany, NY
Compared to Carmel, Albany is:
  Homeowner
      No Child Care, Taxes not Considered
  15.7% 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
  0.3% lower
  Housing (Homeowner)
  47.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  22.5% higher
  Commute
  3.2% lower
  Health
  17.4% higher
  Taxes
  Childcare
  Personal
  0.8% higher