Cost of Living: Carmel, IN vs Minneapolis, KS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Carmel | Minneapolis |
|---|---|---|
| Housing Index | 120.5 | Data is updating |
| Median Home Price | $396,000 | $120,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1830 | $Data is updating |
Housing Comparison: Carmel vs Minneapolis
- In Carmel, the median home price is higher at $396,000, while in Minneapolis it is $120,000.
- The rent for a two-bedroom apartment is equal in both Carmel and Minneapolis at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Carmel | Minneapolis |
|---|---|---|
| Electricity Price | $14.89 | $14.22 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Carmel vs Minneapolis
- Electricity costs are higher in Carmel at $14.89 per kWh, compared to $14.22 in Minneapolis.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Carmel and Minneapolis averaging $250.