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EXCELSIOR vs. CARMEL
Cost of Living Comparison

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Cost of Living Calculator - Excelsior, Minnesota vs Carmel, Indiana

The cost of living in Carmel, Indiana is 20.8% cheaper than Excelsior, Minnesota.

You would need a salary of $277,145 in Carmel, Indiana to maintain the standard of living you have in Excelsior, Minnesota.

Comparison highlights

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

Median Home Cost
32% cheaper in Carmel
than in Excelsior, Minnesota

Excelsior, MN vs Carmel, IN

Compared to Excelsior, Carmel is:

Homeowner

No Child Care, Taxes not Considered

20.8% 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

6.7% lower

Housing (Homeowner)

38.0% lower

Housing (Rent)

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Median Home Cost

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Utilities

8.9% lower

Commute

16.7% lower

Health

31.3% higher

Taxes

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Childcare

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Personal

1.1% higher

Cost of Food

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