Cost of Living: Carmel, IN vs Cushing, OK

Housing

The housing market plays a significant role in determining the cost of living.

Metric Carmel Cushing
Housing Index 120.5 90.0
Median Home Price $396,000 $150,000
Average Rent (2 BR Apartment) $1800 $1200
Average Rent (2 BR House) $1830 $1300

Housing Comparison: Carmel vs Cushing

  • In Carmel, the median home price is higher at $396,000, while in Cushing it is $150,000.
  • Renting a two-bedroom apartment costs more in Carmel at $1,800 than in Cushing at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Carmel Cushing
Electricity Price $14.89 $12.37
Natural Gas Price $Data is updating $20.27
Other Utilities $250 $200

Utilities Comparison: Carmel vs Cushing

  • Electricity costs are higher in Carmel at $14.89 per kWh, compared to $12.37 in Cushing.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Carmel at an average of $250, compared to Cushing with $200.