Are you considering a move to Carmel, Indiana, United States, and wondering about the cost of living? Carmel, Indiana is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Carmel, Indiana and help you understand whether $3678 per month is moderately priced, given the average monthly salary of $7718.0.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
25.0 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
80.0 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
8.0 $ |
|
|
Domestic Beer (1 pint draught) |
6.0 $ |
|
|
Imported Beer (12 oz small bottle) |
8.0 $ |
|
|
Cappuccino (regular) |
5.0 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
3.12 $ |
|
|
Water (12 oz small bottle) |
2.33 $ |
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Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
0.82 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
2.88 $ |
|
|
Rice (white), (1 lb) |
4.84 $ |
|
|
Eggs (regular) (12) |
3.59 $ |
|
|
Local Cheese (1 lb) |
9.39 $ |
|
|
Chicken Fillets (1 lb) |
14.39 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
17.99 $ |
|
|
Apples (1 lb) |
5.24 $ |
|
|
Banana (1 lb) |
2.31 $ |
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|
Oranges (1 lb) |
4.17 $ |
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|
Tomato (1 lb) |
4.78 $ |
|
|
Potato (1 lb) |
4.4 $ |
|
|
Onion (1 lb) |
3.11 $ |
|
|
Lettuce (1 head) |
1.29 $ |
|
|
Water (1.5 liter bottle) |
2.73 $ |
|
|
Bottle of Wine (Mid-Range) |
12.3 $ |
|
|
Domestic Beer (0.5 liter bottle) |
3.92 $ |
|
|
Imported Beer (12 oz small bottle) |
4.33 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
9.0 $ |
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Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
2.32 $ |
|
|
Monthly Pass (Regular Price) |
56.2 $ |
|
|
Taxi Start (Normal Tariff) |
3.0 $ |
|
|
Taxi 1 mile (Normal Tariff) |
1.94 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
24.0 $ |
|
|
Gasoline (1 gallon) |
0.98 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
24810.0 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21849.5 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
311.0 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
63.6 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
53.33 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
27.86 $ |
|
|
Cinema, International Release, 1 Seat |
15.0 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1282.0 $ |
|
|
International Primary School, Yearly for 1 Child |
21000.0 $ |
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Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
60.0 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
61.63 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
89.47 $ |
|
|
1 Pair of Men Leather Business Shoes |
126.47 $ |
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|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
1612.5 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
1500.0 $ |
|
|
Apartment (3 bedrooms) in City Centre |
2650.0 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
2375.0 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
1846.01 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
1630.73 $ |
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Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
7718.0 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.95 % |
|
The monthly expenses for living in Carmel, Indiana come to a total of approximately $3678. This includes an average monthly rent of around $1612 for a one-bedroom apartment in the city center, along with utilities costing about $342 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $1028 per month.
Living in Carmel, Indiana appears to be relatively budget-friendly when considering the average monthly income of $7718.0. However, to enjoy a comfortable standard of living in Carmel, Indiana, you would likely need an income exceeding $7718.0.
In Carmel, Indiana, the average monthly post-tax salary hovers around $7718.0, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Carmel, Indiana is approximately $1612. If you're open to living in a location outside the city center, you can expect to pay around $1500.0 for such an apartment.
The expense for groceries in Carmel, Indiana can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $806 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in United States can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout United States.
There's a low risk here with crime rates that are a fraction of the state and national averages. No matter what you want to do, you can do it safely in Carmel.
The one thing you can't do is take public transportation because Carmel doesn't have a system for this. The city and county have an on-demand shuttle service, but that's more for senior citizens getting to doctor's appointments than tourists using it at their beck and call. You'll want a car here, or you can also rent a bicycle and get around that way. Taxis and rideshares are available too. Any option is low risk with proper safety steps.
This might be the first city with an incredibly low theft rate that had so many pickpockets I've ever researched. Of the 508 thefts, 18 of them were pickpockets and the minimum taken by the thief was $600. We're going to call this a medium risk because you really need to keep focused on your handbag or wallet when enjoying the luxurious dining and shopping of this city.
You've got a wide range of risks throughout the year, so this is a medium risk too. There are severe thunderstorms and the potential for tornadoes starting in spring, flooding concerns during heavy rains, water pollution from the flash flooding, and winter brings the chance of snow and ice.
There were nine robberies in 2020, and not a single one of them was in a public place. There's a low risk of this happening to you and it's much more likely your purse will get snatched while looking at your phone than getting robbed in a dark alley.
Because this is part of the Indianapolis area, there's going to be a medium risk. Terrorists love to focus on large population areas like Indy. During Indy 500 week, that risk becomes a strong focus of Homeland Security. Carmel won't be a direct target.
The Better Business Bureau for Carmel reports the typical scams that run nationwide. There isn't a risk for a tourist here that wouldn't exist anywhere else. There's low risk if you're smart about protecting your identity and aware of these common scams.
There is a low risk for women travelers, with crime against women being below the national average here.
The water quality report from 2020 shows there were no violations in all the samples tested. There's low risk when using tap water here. Some might disagree with that, because of the pollutants that can make it into the White River after heavy rains. That's a real concern too, but that's more of a risk about interacting with river water than drinking the treated tap water.
Your Visa won't be needed as you travel through the Indianapolis area. You will need it at the airport, so don't put it in your checked baggage.
You can only use the U.S. Dollar here. Be sure to let your bank know you'll be traveling so you won't get flagged for unusual purchases, but also set daily spending limits if you want to get notifications if someone tries to use your card for fraud.
You will need warm layers in the winter. Summers are going to be hot and humid, but not as bad as states in the south. Spring and fall are going to be mild but could get really cold or unusually warm, so bring a jacket and a few sweatshirts.
The Indianapolis Airport is about 35 miles away and that could take you anywhere from 30 minutes to an hour to get there, depending on traffic.
It's a great idea to get travel insurance for a place with such a variety of extreme weather.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 36°F | 40°F | 51°F | 63°F | 73°F | 81°F | 84°F | 82°F | 76°F | 64°F | 51°F | 40°F |
| Temp | 28°F | 31°F | 41°F | 53°F | 63°F | 72°F | 75°F | 72°F | 65°F | 54°F | 43°F | 32°F |
| Low | 22°F | 25°F | 34°F | 44°F | 54°F | 63°F | 66°F | 63°F | 56°F | 45°F | 36°F | 27°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 2°C | 4°C | 10°C | 17°C | 22°C | 27°C | 28°C | 27°C | 24°C | 17°C | 10°C | 4°C |
| Temp | -2°C | 0°C | 5°C | 11°C | 17°C | 22°C | 23°C | 22°C | 18°C | 12°C | 6°C | 0°C |
| Low | -5°C | -3°C | 1°C | 6°C | 12°C | 17°C | 18°C | 17°C | 13°C | 7°C | 2°C | -2°C |