City Comparison

Carmel vs Juneau

Cost of Living Comparison · 2026

Carmel

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

Juneau

Alaska
127
Expensive
$524,000
Median Home
$1,475/mo
Median Rent
$105,000
Median Income

The Verdict

16.5%

The cost gap between these cities is 16.5%, with Carmel being the more affordable option. A $75,000 income in Carmel has equivalent purchasing power to $89,858 in Juneau.

Category-by-Category Breakdown

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

Housing
134
Carmel
131
Juneau
Groceries
100
Carmel
123
Juneau
Utilities
97
Carmel
140
Juneau
Transportation
97
Carmel
125
Juneau
Healthcare
89
Carmel
151
Juneau

Salary Equivalence

A $75,000 salary in Carmel has the same purchasing power as $89,858 in Juneau.

Conversely, $75,000 in Juneau equals $62,598 in Carmel.

Living in Carmel vs Juneau

Housing Costs

Carmel's housing index of 134 is higher Juneau's 131, translating to median home prices of $478,000 vs $524,000. The $46,000 difference in home prices means roughly $2,988 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,700/mo in Carmel compared to $1,475/mo in Juneau, a monthly difference of $225.

Grocery & Food Costs

Grocery expenses index at 100 in Carmel and 123 in Juneau. A household spending the national average of $475/month on groceries would pay approximately $475/month in Carmel vs $584/month in Juneau. Carmel offers a meaningful advantage on everyday food costs, saving roughly $1308/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Carmel and 140 in Juneau. Monthly utility bills average approximately $388 in Carmel vs $560 in Juneau. 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 89 in Carmel and 151 in Juneau. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 62-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 $105,000 in Juneau. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $133,491 and $82,677 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 $2,450/month in Juneau. In Carmel, median rent of $1,700/mo fits within this budget. In Juneau, median rent of $1,475/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 62 index points — focus your budget analysis there.

Frequently Asked Questions

Carmel is 16.5% more affordable overall with an index of 106 vs 127.
A $75,000 salary in Carmel has equivalent purchasing power to approximately $89,858 in Juneau, based on the cost of living difference.
Carmel's housing index is 134 with median homes at $478,000, while Juneau's is 131 with median homes at $524,000.

Moving & Relocation Resources

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