Cost of Living Calculator - Prospect, Kentucky vs Carmel, Indiana


The cost of living in Carmel, Indiana is 4.8% cheaper than Prospect, Kentucky.

You would need a salary of $71,384 in Carmel, Indiana to maintain the standard of living you have in Prospect, Kentucky.
Comparison highlights
• Overall, Carmel, Indiana is cheaper than Prospect, Kentucky
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
10% cheaper in Carmel
than in Prospect, Kentucky
Prospect, KY vs Carmel, IN
Compared to Prospect, Carmel is:
  Homeowner
      No Child Care, Taxes not Considered
  4.8% 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
  4.3% lower
  Housing (Homeowner)
  17.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.4% lower
  Commute
  13.0% lower
  Health
  5.0% higher
  Taxes
  Childcare
  Personal
  13.5% higher

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