Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in Chicago.
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Carmel is 19.8% cheaper for housing than Chicago. The median home price in Carmel is $438,632 compared to $525,274 in Chicago.
Monthly rent in Chicago averages $2,189, while Carmel averages $1,828. That's a difference of $361 per month, or $4,332 annually.
The median household income in Chicago is $73,194, which is 4.0% higher than Carmel's median of $70,348.
Carmel has a violent crime rate of 333 per 100k residents, while Chicago has 345 per 100k. Carmel is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
