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 | Town 'n' Country | Difference |
|---|---|---|---|
| Median rent | $1,499/mo | $1,536/mo | 2.4% lower in A |
| Median home value | $425,900 | $261,300 | 63.0% higher in A |
| Median household income | $132,859 | $63,947 | 107.8% higher in A |
| Groceries index | 94.9 | 96.4 | 1.6% lower in A |
| Utilities index | 88.0 | 90.4 | 2.7% lower in A |
| Transportation index | 98.5 | 98.5 | ≈ equal |
| Healthcare index | 99.1 | 96.7 | 2.5% higher in A |
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 $111,926 in Town 'n' Country to maintain your standard of living.
Climate, safety, and demographics side by side.
Carmel, IN is about 10.7% cheaper overall than Town 'n' Country, FL, based on our cost-of-living index. Housing costs are roughly 21% lower in Carmel than in Town 'n' Country. If you earn $80,000 in Carmel, you'd need about $89,541 in Town 'n' Country to keep the same standard of living.