Franklin, Tennessee vs. Carmel, Indiana

Cost of Living Comparison

The cost of living in Carmel, Indiana is 17.3% cheaper than Franklin, Tennessee.

You would need a salary of $99,207 in Carmel, Indiana to maintain the standard of living you have in Franklin, Tennessee.
Comparison highlights
• Overall, Carmel, Indiana is cheaper than Franklin, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
37% cheaper in Carmel
than in Franklin, Tennessee
Franklin, TN vs. Carmel, IN
Compared to Franklin, Carmel is:
  Homeowner
      No Child Care, Taxes not Considered
  17.3% 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
  5.1% lower
  Housing (Homeowner)
  25.5% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  7.7% lower
  Commute
  10.3% lower
  Health
  0.5% higher
  Taxes
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  Childcare
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  Personal
  3.9% lower
Cost of Food
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