Cost Of Living in Mount Carmel, IN

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A+

3%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

100%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Mount Carmel	Indiana	National
Cost of living	97	89	100
Groceries	99	97	100
Health care	96	97	100
Housing	n/a	72	100
Transportation	98	96	100
Utilities	98	96	100
Lifestyle & Entertainment	98	95	100
Household Items	97	98	100
Education & Childcare	93	94	100

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Cost Of Living Quick Facts

The cost of living in Mount Carmel is 9% higher than the Indiana average
The cost of living in Mount Carmel is 3% lower than the national average
Mount Carmel housing is 12% lower than the national average
Indiana general sales tax is 37% higher than the national average
Indiana state income tax is 21% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$0	$0	$0	$0
Renters	$0	$0	$0	$0

Indiana Sales Tax

State	General Sales Tax	With Max Surtax
Indiana	7%	7%

Indiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Indiana	3.15%	3.15%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
New Haven CDP (Huron County), OH	290	81	18.8%
New Haven, OH	345	82	18.5%
College Corner, OH	286	84	16.0%
Somerville, OH	316	85	15.4%
West College Corner, IN	519	85	15.2%
Mount Carmel, IN	13	97	2.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Chicken, AK	13	114	14.1%
Hyder, AK	13	114	14.2%
Lime Village, AK	13	118	18.0%
Drytown, CA	13	114	13.8%
Beaconsfield, IA	13	75	25.4%
Mount Carmel, IN	13	97	2.8%