Carmel vs Pembroke Pines
Cost of Living Comparison · 2026
Carmel
Pembroke Pines
The Verdict
Carmel is 4.5% less expensive than Pembroke Pines overall. A household earning $75,000 in Carmel would need approximately $78,538 in Pembroke Pines to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Carmel has the same purchasing power as $78,538 in Pembroke Pines.
Conversely, $75,000 in Pembroke Pines equals $71,622 in Carmel.
Living in Carmel vs Pembroke Pines
Housing Costs
Carmel's housing index of 134 is lower Pembroke Pines's 140, translating to median home prices of $478,000 vs $440,000. The $38,000 difference in home prices means roughly $2,472 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,700/mo in Carmel compared to $1,900/mo in Pembroke Pines, a monthly difference of $200.
Grocery & Food Costs
Grocery expenses index at 100 in Carmel and 105 in Pembroke Pines. A household spending the national average of $475/month on groceries would pay approximately $475/month in Carmel vs $499/month in Pembroke Pines. 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 105 in Pembroke Pines. Monthly utility bills average approximately $388 in Carmel vs $420 in Pembroke Pines. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 89 in Carmel and 91 in Pembroke Pines. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $141,500 in Carmel and $85,900 in Pembroke Pines. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $133,491 and $77,387 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 $2,004/month in Pembroke Pines. In Carmel, median rent of $1,700/mo fits within this budget. In Pembroke Pines, median rent of $1,900/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 8 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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