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CARMEL vs. MADISON
Cost of Living Comparison

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Cost of Living Calculator - Carmel, Indiana vs Madison, Indiana

The cost of living in Madison, Indiana is 34.6% cheaper than Carmel, Indiana.

You would need a salary of $49,061 in Madison, Indiana to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

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

Median Home Cost
60% cheaper in Madison
than in Carmel, Indiana

Carmel, IN vs Madison, IN

Compared to Carmel, Madison is:

Homeowner

No Child Care, Taxes not Considered

34.6% 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

6.3% lower

Housing (Homeowner)

62.8% lower

Housing (Rent)

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Median Home Cost

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Utilities

8.1% higher

Commute

26.7% lower

Health

13.9% lower

Taxes

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Childcare

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Personal

13.1% lower

Cost of Food

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