City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Carmel | Philadelphia | Difference |
|---|---|---|---|
| Median rent | $1,499/mo | $1,250/mo | 19.9% higher in A |
| Median home value | $425,900 | $215,500 | 97.6% higher in A |
| Median household income | $132,859 | $57,537 | 130.9% higher in A |
| Groceries index | 96.3 | 98.9 | 2.6% lower in A |
| Utilities index | 91.7 | 91.5 | ≈ equal |
| Transportation index | 96.9 | 88.3 | 9.7% higher in A |
| Healthcare index | 99.1 | 98.8 | ≈ equal |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Carmel, you'd need $83,387 in Philadelphia to maintain your standard of living.
Climate, safety, and demographics side by side.
Philadelphia, PA is about 16.6% cheaper overall than Carmel, IN, based on our cost-of-living index. Housing costs are roughly 17% lower in Philadelphia than in Carmel. If you earn $80,000 in Carmel, you'd need about $66,710 in Philadelphia to keep the same standard of living.