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CARMEL vs. TROY
Cost of Living Comparison

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Cost of Living Calculator - Carmel, Indiana vs Troy, Michigan

The cost of living in Troy, Michigan is 2.8% cheaper than Carmel, Indiana.

You would need a salary of $139,009 in Troy, Michigan to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

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

Median Home Cost
23% cheaper in Troy
than in Carmel, Indiana

Carmel, IN vs Troy, MI

Compared to Carmel, Troy is:

Homeowner

No Child Care, Taxes not Considered

2.8% 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

0.3% lower

Housing (Homeowner)

10.8% lower

Housing (Rent)

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Median Home Cost

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Utilities

9.1% higher

Commute

30.6% higher

Health

19.7% lower

Taxes

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Childcare

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Personal

0.4% lower

Cost of Food

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