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CARMEL vs. MEMPHIS
Cost of Living Comparison

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Cost of Living Calculator - Carmel, Indiana vs Memphis, Tennessee

The cost of living in Memphis, Tennessee is 32.3% cheaper than Carmel, Indiana.

You would need a salary of $33,845 in Memphis, Tennessee to maintain the standard of living you have in Carmel, Indiana.

Comparison highlights

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

Median Home Cost
69% cheaper in Memphis
than in Carmel, Indiana

Carmel, IN vs Memphis, TN

Compared to Carmel, Memphis is:

Homeowner

No Child Care, Taxes not Considered

32.3% 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

7.8% lower

Housing (Homeowner)

75.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

7.2% higher

Commute

4.4% higher

Health

2.7% lower

Taxes

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Childcare

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Personal

20.1% lower

Cost of Food

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