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 $39,592 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
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  6.7% lower
  Housing (Homeowner)
  38.0% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.9% lower
  Commute
  16.7% lower
  Health
  31.3% higher
  Taxes
  Childcare
  Personal
  1.1% higher

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