City Comparison

Bellevue vs Carmel

Cost of Living Comparison · 2026

Bellevue

Washington
158
Very Expensive
$1.3M
Median Home
$2,525/mo
Median Rent
$169,200
Median Income

Carmel

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

The Verdict

49.1%

Carmel is 49.1% less expensive than Bellevue overall. A household earning $75,000 in Bellevue would need approximately $50,316 in Carmel to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
249
Bellevue
134
Carmel
Groceries
111
Bellevue
100
Carmel
Utilities
100
Bellevue
97
Carmel
Transportation
134
Bellevue
97
Carmel
Healthcare
120
Bellevue
89
Carmel

Salary Equivalence

A $75,000 salary in Bellevue has the same purchasing power as $50,316 in Carmel.

Conversely, $75,000 in Carmel equals $111,792 in Bellevue.

Living in Bellevue vs Carmel

Housing Costs

Bellevue's housing index of 249 is higher Carmel's 134, translating to median home prices of $1.3M vs $478,000. The $823,000 difference in home prices means roughly $53,496 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,525/mo in Bellevue compared to $1,700/mo in Carmel, a monthly difference of $825.

Grocery & Food Costs

Grocery expenses index at 111 in Bellevue and 100 in Carmel. A household spending the national average of $475/month on groceries would pay approximately $527/month in Bellevue vs $475/month in Carmel. Carmel offers a meaningful advantage on everyday food costs, saving roughly $624/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 100 in Bellevue and 97 in Carmel. Monthly utility bills average approximately $400 in Bellevue vs $388 in Carmel. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 120 in Bellevue and 89 in Carmel. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 31-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $169,200 in Bellevue and $141,500 in Carmel. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $107,089 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 $3,948/month to housing in Bellevue vs $3,302/month in Carmel. In Bellevue, median rent of $2,525/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 115 index points — focus your budget analysis there.

Frequently Asked Questions

Carmel is 49.1% more affordable overall with an index of 106 vs 158.
A $75,000 salary in Bellevue has equivalent purchasing power to approximately $50,316 in Carmel, based on the cost of living difference.
Bellevue's housing index is 249 with median homes at $1.3M, while Carmel's is 134 with median homes at $478,000.

Moving & Relocation Resources

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