City Comparison

Carmel vs Duluth

Cost of Living Comparison · 2026

Carmel

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

Duluth

Minnesota
85
Very Affordable
$268,000
Median Home
$1,025/mo
Median Rent
$68,800
Median Income

The Verdict

24.7%

The cost gap between these cities is 24.7%, with Duluth being the more affordable option. A $75,000 income in Carmel has equivalent purchasing power to $60,142 in Duluth.

Category-by-Category Breakdown

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

Housing
134
Carmel
88
Duluth
Groceries
100
Carmel
99
Duluth
Utilities
97
Carmel
94
Duluth
Transportation
97
Carmel
100
Duluth
Healthcare
89
Carmel
123
Duluth

Salary Equivalence

A $75,000 salary in Carmel has the same purchasing power as $60,142 in Duluth.

Conversely, $75,000 in Duluth equals $93,529 in Carmel.

Living in Carmel vs Duluth

Housing Costs

Carmel's housing index of 134 is higher Duluth's 88, translating to median home prices of $478,000 vs $268,000. The $210,000 difference in home prices means roughly $13,656 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,700/mo in Carmel compared to $1,025/mo in Duluth, a monthly difference of $675.

Grocery & Food Costs

Grocery expenses index at 100 in Carmel and 99 in Duluth. A household spending the national average of $475/month on groceries would pay approximately $475/month in Carmel vs $470/month in Duluth. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Carmel and 94 in Duluth. Monthly utility bills average approximately $388 in Carmel vs $376 in Duluth. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 89 in Carmel and 123 in Duluth. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 34-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $141,500 in Carmel and $68,800 in Duluth. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $133,491 and $80,941 respectively. Carmel residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $3,302/month to housing in Carmel vs $1,605/month in Duluth. In Carmel, median rent of $1,700/mo fits within this budget. In Duluth, median rent of $1,025/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 46 index points — focus your budget analysis there.

Frequently Asked Questions

Duluth is 24.7% more affordable overall with an index of 85 vs 106.
A $75,000 salary in Carmel has equivalent purchasing power to approximately $60,142 in Duluth, based on the cost of living difference.
Carmel's housing index is 134 with median homes at $478,000, while Duluth's is 88 with median homes at $268,000.

Moving & Relocation Resources

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