City Comparison

Abilene vs Carmel

Cost of Living Comparison · 2026

Abilene

Texas
80
Very Affordable
$179,000
Median Home
$950/mo
Median Rent
$62,600
Median Income

Carmel

Indiana
106
Above Average
$478,000
Median Home
$1,700/mo
Median Rent
$141,500
Median Income

The Verdict

24.5%

Abilene is 24.5% less expensive than Carmel overall. A household earning $75,000 in Abilene would need approximately $99,375 in Carmel to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
58
Abilene
134
Carmel
Groceries
91
Abilene
100
Carmel
Utilities
97
Abilene
97
Carmel
Transportation
89
Abilene
97
Carmel
Healthcare
96
Abilene
89
Carmel

Salary Equivalence

A $75,000 salary in Abilene has the same purchasing power as $99,375 in Carmel.

Conversely, $75,000 in Carmel equals $56,604 in Abilene.

Living in Abilene vs Carmel

Housing Costs

Abilene's housing index of 58 is lower Carmel's 134, translating to median home prices of $179,000 vs $478,000. The $299,000 difference in home prices means roughly $19,440 per year in additional mortgage costs at current rates. Renters face a similar gap: $950/mo in Abilene compared to $1,700/mo in Carmel, a monthly difference of $750.

Grocery & Food Costs

Grocery expenses index at 91 in Abilene and 100 in Carmel. A household spending the national average of $475/month on groceries would pay approximately $432/month in Abilene vs $475/month in Carmel. Abilene offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Abilene and 97 in Carmel. Monthly utility bills average approximately $388 in Abilene vs $388 in Carmel. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 96 in Abilene and 89 in Carmel. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $62,600 in Abilene and $141,500 in Carmel. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $78,250 and $133,491 respectively. Carmel residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,461/month to housing in Abilene vs $3,302/month in Carmel. In Abilene, median rent of $950/mo fits within this budget. In Carmel, median rent of $1,700/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 76 index points — focus your budget analysis there.

Frequently Asked Questions

Abilene is 24.5% more affordable overall with an index of 80 vs 106.
A $75,000 salary in Abilene has equivalent purchasing power to approximately $99,375 in Carmel, based on the cost of living difference.
Abilene's housing index is 58 with median homes at $179,000, while Carmel's is 134 with median homes at $478,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases