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CARMEL vs. MONTICELLO
Cost of Living Comparison

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

The cost of living in Monticello, Indiana is 32.3% cheaper than Carmel, Indiana.

You would need a salary of $50,765 in Monticello, Indiana to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

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

Median Home Cost
62% cheaper in Monticello
than in Carmel, Indiana

Carmel, IN vs Monticello, IN

Compared to Carmel, Monticello is:

Homeowner

No Child Care, Taxes not Considered

32.3% 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

7.6% lower

Housing (Homeowner)

61.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

13.7% higher

Commute

29.3% lower

Health

7.3% lower

Taxes

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Childcare

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Personal

9.9% lower

Cost of Food

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