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 Phoenix.
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Phoenix is 12.9% cheaper for housing than Carmel. The median home price in Phoenix is $382,216 compared to $438,632 in Carmel, a savings of $56,416.
Monthly rent in Phoenix averages $1,593, while Carmel averages $1,828. That's a savings of $235 per month, or $2,821 annually.
The median household income in Phoenix is $59,662, which is 15.2% lower than Carmel's median of $70,348.
Carmel has a violent crime rate of 333 per 100k residents, while Phoenix has 426 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.
