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TROY vs. CARMEL
Cost of Living Comparison

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Cost of Living Calculator - Troy, Michigan vs Carmel, Indiana

The cost of living in Carmel, Indiana is 2.9% more expensive than Troy, Michigan.

You would need a salary of $144,025 in Carmel, Indiana to maintain the standard of living you have in Troy, Michigan.

Comparison highlights

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

Median Home Cost
30% more expensive in Carmel
than in Troy, Michigan

Troy, MI vs Carmel, IN

Compared to Troy, Carmel is:

Homeowner

No Child Care, Taxes not Considered

2.9% higher

Child Care, Taxes not Considered

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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

0.3% higher

Housing (Homeowner)

12.1% higher

Housing (Rent)

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Median Home Cost

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Utilities

8.4% lower

Commute

23.4% lower

Health

24.5% higher

Taxes

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Childcare

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Personal

0.4% higher

Cost of Food

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