Cost of Living: Carmel, IN vs Redfield, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Carmel | Redfield |
|---|---|---|
| Housing Index | 120.5 | 85.0 |
| Median Home Price | $396,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1800 | $800 |
| Average Rent (2 BR House) | $1830 | $960 |
Housing Comparison: Carmel vs Redfield
- In Carmel, the median home price is higher at $396,000, while in Redfield it is $185,000.
- In Redfield, the rental for a two-bedroom apartment stands at $800, 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 | Redfield |
|---|---|---|
| Electricity Price | $14.89 | $14.82 |
| Natural Gas Price | $Data is updating | $15.61 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Carmel vs Redfield
- Electricity costs are higher in Carmel at $14.89 per kWh, compared to $14.82 in Redfield.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Carmel at an average of $250, compared to Redfield with $200.