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NEW ALBANY vs. CARMEL
Cost of Living Comparison

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Cost of Living Calculator - New Albany, Indiana vs Carmel, Indiana

The cost of living in Carmel, Indiana is 35.8% more expensive than New Albany, Indiana.

You would need a salary of $1,154,508 in Carmel, Indiana to maintain the standard of living you have in New Albany, Indiana.

Comparison highlights

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

Median Home Cost
151% more expensive in Carmel
than in New Albany, Indiana

New Albany, IN vs Carmel, IN

Compared to New Albany, Carmel is:

Homeowner

No Child Care, Taxes not Considered

35.8% 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

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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Food

6.5% higher

Housing (Homeowner)

150.7% higher

Housing (Rent)

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Median Home Cost

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Utilities

6.1% lower

Commute

1.1% higher

Health

13.2% higher

Taxes

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Childcare

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Personal

9.5% higher

Cost of Food

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