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CARMEL vs. INDEPENDENCE
Cost of Living Comparison

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Cost of Living Calculator - Carmel, Indiana vs Independence, Kentucky

The cost of living in Independence, Kentucky is 18.6% cheaper than Carmel, Indiana.

You would need a salary of $61,056 in Independence, Kentucky to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

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

Median Home Cost
43% cheaper in Independence
than in Carmel, Indiana

Carmel, IN vs Independence, KY

Compared to Carmel, Independence is:

Homeowner

No Child Care, Taxes not Considered

18.6% 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

1.7% lower

Housing (Homeowner)

47.1% lower

Housing (Rent)

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Median Home Cost

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Utilities

4.1% higher

Commute

15.2% higher

Health

8.8% higher

Taxes

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Childcare

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Personal

19.0% lower

Cost of Food

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