Carmel, Indiana vs. Elgin, Illinois

Cost of Living Comparison

The cost of living in Elgin, Illinois is 20.0% cheaper than Carmel, Indiana.

You would need a salary of $40,000 in Elgin, Illinois to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Elgin, Illinois is cheaper than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Elgin
than in Carmel, Indiana
Carmel, IN vs. Elgin, IL
Compared to Carmel, Elgin is:
  Homeowner
      No Child Care, Taxes not Considered
  20.0% 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
  4.8% lower
  Housing (Homeowner)
  45.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  10.0% higher
  Commute
  0.4% higher
  Health
  6.8% lower
  Taxes
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  Childcare
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  Personal
  5.4% lower
Cost of Food
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