Carmel, Indiana vs. Elk Grove Village, Illinois

Cost of Living Comparison

The cost of living in Elk Grove Village, Illinois is 7.2% cheaper than Carmel, Indiana.

You would need a salary of $46,376 in Elk Grove Village, Illinois to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Elk Grove Village, Illinois is cheaper than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
38% cheaper in Elk Grove Village
than in Carmel, Indiana
Carmel, IN vs. Elk Grove Village, IL
Compared to Carmel, Elk Grove Village is:
  Homeowner
      No Child Care, Taxes not Considered
  7.2% 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
  3.5% lower
  Housing (Homeowner)
  24.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  6.8% higher
  Commute
  33.6% higher
  Health
  11.6% lower
  Taxes
  Childcare
  Personal
  2.5% lower