Cost of Living Calculator - Princeton, New Jersey vs Carmel, Indiana


The cost of living in Carmel, Indiana is 22.7% cheaper than Princeton, New Jersey.

You would need a salary of $57,984 in Carmel, Indiana to maintain the standard of living you have in Princeton, New Jersey.
Comparison highlights
• Overall, Carmel, Indiana is cheaper than Princeton, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
43% cheaper in Carmel
than in Princeton, New Jersey
Princeton, NJ vs Carmel, IN
Compared to Princeton, Carmel is:
  Homeowner
      No Child Care, Taxes not Considered
  22.7% 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
  12.1% lower
  Housing (Homeowner)
  61.7% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  21.3% lower
  Commute
  12.0% lower
  Health
  2.2% higher
  Taxes
  Childcare
  Personal
  1.8% higher

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