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FRANKLIN vs. CARMEL
Cost of Living Comparison

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

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

You would need a salary of $124,007 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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