Cost of Living: Carmel, IN vs Hemet, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Carmel | Hemet |
|---|---|---|
| Housing Index | 120.5 | 120.5 |
| Median Home Price | $396,000 | $600,000 |
| Average Rent (2 BR Apartment) | $1800 | $2100 |
| Average Rent (2 BR House) | $1830 | $2165 |
Housing Comparison: Carmel vs Hemet
- The median home price in Hemet is higher at $600,000, compared to $396,000 in Carmel.
- In Hemet, the rental for a two-bedroom apartment stands at $2,100, while it is $1,800 in Carmel.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Carmel | Hemet |
|---|---|---|
| Electricity Price | $14.89 | $32.99 |
| Natural Gas Price | $Data is updating | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Carmel vs Hemet
- Hemet has higher electricity costs at $32.99 per kWh, versus $14.89 in Carmel.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Carmel and Hemet averaging $250.