City Comparison

Carmel vs Medford

Cost of Living Comparison · 2026

Carmel

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

Medford

Oregon
106
Above Average
$406,000
Median Home
$1,375/mo
Median Rent
$73,200
Median Income

The Verdict

0.0%

Living in Carmel costs 0.0% less than Medford. To match the purchasing power of a $75,000 salary in Carmel, you would need $75,000 in Medford.

Category-by-Category Breakdown

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

Housing
134
Carmel
139
Medford
Groceries
100
Carmel
108
Medford
Utilities
97
Carmel
97
Medford
Transportation
97
Carmel
108
Medford
Healthcare
89
Carmel
100
Medford

Salary Equivalence

A $75,000 salary in Carmel has the same purchasing power as $75,000 in Medford.

Conversely, $75,000 in Medford equals $75,000 in Carmel.

Living in Carmel vs Medford

Housing Costs

Carmel's housing index of 134 is lower Medford's 139, translating to median home prices of $478,000 vs $406,000. The $72,000 difference in home prices means roughly $4,680 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,700/mo in Carmel compared to $1,375/mo in Medford, a monthly difference of $325.

Grocery & Food Costs

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

Utility Expenses

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

Healthcare

Healthcare costs index at 89 in Carmel and 100 in Medford. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-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 $73,200 in Medford. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $133,491 and $69,057 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 $1,708/month in Medford. In Carmel, median rent of $1,700/mo fits within this budget. In Medford, median rent of $1,375/mo remains manageable. The biggest category-level difference between these two cities is Transportation, where the gap is 11 index points — focus your budget analysis there.

Frequently Asked Questions

Carmel is 0.0% more affordable overall with an index of 106 vs 106.
A $75,000 salary in Carmel has equivalent purchasing power to approximately $75,000 in Medford, based on the cost of living difference.
Carmel's housing index is 134 with median homes at $478,000, while Medford's is 139 with median homes at $406,000.

Moving & Relocation Resources

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