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MADISON vs. CARMEL
Cost of Living Comparison

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Cost of Living Calculator - Madison, Mississippi vs Carmel, Indiana

The cost of living in Carmel, Indiana is 15.5% more expensive than Madison, Mississippi.

You would need a salary of $57,770 in Carmel, Indiana to maintain the standard of living you have in Madison, Mississippi.

Comparison highlights

• Overall, Carmel, Indiana is more expensive than Madison, Mississippi
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
35% more expensive in Carmel
than in Madison, Mississippi

Madison, MS vs Carmel, IN

Compared to Madison, Carmel is:

Homeowner

No Child Care, Taxes not Considered

15.5% higher

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

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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Food

4.3% lower

Housing (Homeowner)

24.9% higher

Housing (Rent)

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Median Home Cost

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Utilities

3.8% lower

Commute

7.6% higher

Health

3.1% lower

Taxes

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Childcare

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Personal

4.3% higher

Cost of Food

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