Carmel, Indiana vs. Prospect, Kentucky

Cost of Living Comparison

The cost of living in Prospect, Kentucky is 5.1% more expensive than Carmel, Indiana.

You would need a salary of $78,799 in Prospect, Kentucky to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Prospect, Kentucky is more expensive than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
11% more expensive in Prospect
than in Carmel, Indiana
Carmel, IN vs. Prospect, KY
Compared to Carmel, Prospect is:
  Homeowner
      No Child Care, Taxes not Considered
  5.1% higher
      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
  4.4% higher
  Housing (Homeowner)
  20.9% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.4% higher
  Commute
  14.9% higher
  Health
  4.7% lower
  Taxes
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  Childcare
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  Personal
  11.9% lower
Cost of Food
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