City Comparison

Burlington vs Carmel

Cost of Living Comparison · 2026

Burlington

Vermont
118
Above Average
$380,000
Median Home
$1,800/mo
Median Rent
$51,098
Median Income

Carmel

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

The Verdict

11.3%

Carmel is 11.3% less expensive than Burlington overall. A household earning $75,000 in Burlington would need approximately $67,373 in Carmel to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
139
Burlington
134
Carmel
Groceries
108
Burlington
100
Carmel
Utilities
115
Burlington
97
Carmel
Transportation
98
Burlington
97
Carmel
Healthcare
116
Burlington
89
Carmel

Salary Equivalence

A $75,000 salary in Burlington has the same purchasing power as $67,373 in Carmel.

Conversely, $75,000 in Carmel equals $83,491 in Burlington.

Living in Burlington vs Carmel

Housing Costs

Burlington's housing index of 139 is higher Carmel's 134, translating to median home prices of $380,000 vs $478,000. The $98,000 difference in home prices means roughly $6,372 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,800/mo in Burlington compared to $1,700/mo in Carmel, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 108 in Burlington and 100 in Carmel. A household spending the national average of $475/month on groceries would pay approximately $513/month in Burlington vs $475/month in Carmel. Carmel offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 115 in Burlington and 97 in Carmel. Monthly utility bills average approximately $460 in Burlington vs $388 in Carmel. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 116 in Burlington and 89 in Carmel. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 27-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $51,098 in Burlington and $141,500 in Carmel. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $43,303 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 $1,192/month to housing in Burlington vs $3,302/month in Carmel. In Burlington, median rent of $1,800/mo exceeds this threshold, suggesting renters may feel stretched. In Carmel, median rent of $1,700/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 27 index points — focus your budget analysis there.

Frequently Asked Questions

Carmel is 11.3% more affordable overall with an index of 106 vs 118.
A $75,000 salary in Burlington has equivalent purchasing power to approximately $67,373 in Carmel, based on the cost of living difference.
Burlington's housing index is 139 with median homes at $380,000, while Carmel's is 134 with median homes at $478,000.

Moving & Relocation Resources

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