Ramsey, New Jersey vs. Carmel, Indiana

Cost of Living Comparison

The cost of living in Carmel, Indiana is 22.5% cheaper than Ramsey, New Jersey.

You would need a salary of $38,761 in Carmel, Indiana to maintain the standard of living you have in Ramsey, New Jersey.
Comparison highlights
• Overall, Carmel, Indiana is cheaper than Ramsey, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
20% cheaper in Carmel
than in Ramsey, New Jersey
Ramsey, NJ vs. Carmel, IN
Compared to Ramsey, Carmel is:
  Homeowner
      No Child Care, Taxes not Considered
  22.5% 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
  6.9% lower
  Housing (Homeowner)
  37.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  19.6% lower
  Commute
  35.2% lower
  Health
  1.6% higher
  Taxes
  Childcare
  Personal
  3.0% lower