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CARMEL vs. NEW ALBANY
Cost of Living Comparison

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Cost of Living Calculator - Carmel, Indiana vs New Albany, Indiana

The cost of living in New Albany, Indiana is 26.4% cheaper than Carmel, Indiana.

You would need a salary of $55,218 in New Albany, Indiana to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

• Overall, New Albany, 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 New Albany
than in Carmel, Indiana

Carmel, IN vs New Albany, IN

Compared to Carmel, New Albany is:

Homeowner

No Child Care, Taxes not Considered

26.4% 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

6.1% lower

Housing (Homeowner)

60.1% lower

Housing (Rent)

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Median Home Cost

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Utilities

6.5% higher

Commute

1.1% lower

Health

11.7% lower

Taxes

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Childcare

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Personal

8.7% lower

Cost of Food

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