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CARMEL vs. FARIBAULT
Cost of Living Comparison

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

The cost of living in Faribault, Minnesota is 23.8% cheaper than Carmel, Indiana.

You would need a salary of $57,184 in Faribault, Minnesota to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

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

Median Home Cost
47% cheaper in Faribault
than in Carmel, Indiana

Carmel, IN vs Faribault, MN

Compared to Carmel, Faribault is:

Homeowner

No Child Care, Taxes not Considered

23.8% 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

3.2% lower

Housing (Homeowner)

47.0% lower

Housing (Rent)

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Median Home Cost

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Utilities

8.6% higher

Commute

22.1% lower

Health

12.8% lower

Taxes

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Childcare

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Personal

8.6% lower

Cost of Food

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