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CARMEL vs. EXCELSIOR
Cost of Living Comparison

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Cost of Living Calculator - Carmel, Indiana vs Excelsior, Minnesota

The cost of living in Excelsior, Minnesota is 26.3% more expensive than Carmel, Indiana.

You would need a salary of $252,587 in Excelsior, Minnesota to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

• Overall, Excelsior, Minnesota is more expensive than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
49% more expensive in Excelsior
than in Carmel, Indiana

Carmel, IN vs Excelsior, MN

Compared to Carmel, Excelsior is:

Homeowner

No Child Care, Taxes not Considered

26.3% higher

Child Care, Taxes not Considered

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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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Food

7.2% higher

Housing (Homeowner)

61.4% higher

Housing (Rent)

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Median Home Cost

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Utilities

9.8% higher

Commute

20.0% higher

Health

23.8% lower

Taxes

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Childcare

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Personal

1.1% lower

Cost of Food

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