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CARMEL vs. ROYAL OAK
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Carmel, Indiana vs. Royal Oak, Michigan
Cost of Living Comparison
The cost of living in Royal Oak, Michigan is
11.3%
cheaper
than Carmel, Indiana.
You would need a salary of
$204,087
in Royal Oak, Michigan to maintain the standard of living you have in Carmel, Indiana.
Comparison highlights
• Overall, Royal Oak, Michigan is
cheaper
than Carmel, Indiana
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
42% cheaper in Royal Oak
than in Carmel, Indiana
Carmel, IN vs. Royal Oak, MI
Compared to Carmel, Royal Oak is:
Homeowner
No Child Care, Taxes not Considered
11.3% 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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No Child Care,
Taxes Considered
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Food
2.8% lower
Housing (Homeowner)
29.5% lower
Housing (Rent)
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Median Home Cost
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Utilities
10.6% higher
Commute
25.9% higher
Health
19.7% lower
Taxes
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Childcare
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Personal
1.1% lower
Cost of Food
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