Carmel, Indiana vs. Morristown, New Jersey

Cost of Living Comparison

The cost of living in Morristown, New Jersey is 30.6% more expensive than Carmel, Indiana.

You would need a salary of $195,852 in Morristown, New Jersey to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Morristown, New Jersey is more expensive than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
47% more expensive in Morristown
than in Carmel, Indiana
Carmel, IN vs. Morristown, NJ
Compared to Carmel, Morristown is:
  Homeowner
      No Child Care, Taxes not Considered
  30.6% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  7.6% higher
  Housing (Homeowner)
  23.4% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  15.4% higher
  Commute
  40.8% higher
  Health
  0.1% lower
  Taxes
  Childcare
  Personal
  9.8% higher