Cost of Living: Carmel, IN vs Thayer, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Carmel | Thayer |
|---|---|---|
| Housing Index | 120.5 | 85.0 |
| Median Home Price | $396,000 | $144,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1830 | $1360 |
Housing Comparison: Carmel vs Thayer
- In Carmel, the median home price is higher at $396,000, while in Thayer it is $144,000.
- Renting a two-bedroom apartment costs more in Carmel at $1,800 than in Thayer 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 | Thayer |
|---|---|---|
| Electricity Price | $14.89 | $14.64 |
| Natural Gas Price | $Data is updating | $23.25 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Carmel vs Thayer
- Electricity costs are higher in Carmel at $14.89 per kWh, compared to $14.64 in Thayer.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Carmel and Thayer averaging $250.