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CARMEL vs. MINNEAPOLIS
Cost of Living Comparison

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

The cost of living in Minneapolis, Minnesota is 8.3% cheaper than Carmel, Indiana.

You would need a salary of $68,777 in Minneapolis, Minnesota to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

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

Median Home Cost
40% cheaper in Minneapolis
than in Carmel, Indiana

Carmel, IN vs Minneapolis, MN

Compared to Carmel, Minneapolis is:

Homeowner

No Child Care, Taxes not Considered

8.3% 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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Food

0.0% higher

Housing (Homeowner)

22.8% lower

Housing (Rent)

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Median Home Cost

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Utilities

11.0% higher

Commute

19.9% higher

Health

23.8% lower

Taxes

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Childcare

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Personal

1.8% lower

Cost of Food

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