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CARMEL vs. LAKE FOREST
Cost of Living Comparison

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Cost of Living Calculator - Carmel, Indiana vs Lake Forest, Illinois

The cost of living in Lake Forest, Illinois is 37.6% more expensive than Carmel, Indiana.

You would need a salary of $103,231 in Lake Forest, Illinois to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

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

Median Home Cost
82% more expensive in Lake Forest
than in Carmel, Indiana

Carmel, IN vs Lake Forest, IL

Compared to Carmel, Lake Forest is:

Homeowner

No Child Care, Taxes not Considered

37.6% higher

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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Food

6.9% higher

Housing (Homeowner)

112.9% higher

Housing (Rent)

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Median Home Cost

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Utilities

4.7% higher

Commute

3.5% higher

Health

3.2% lower

Taxes

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Childcare

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Personal

0.1% higher

Cost of Food

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