Last update: Oct 2026

Cost of Living Comparison Between Edmonton and Carmel, IN

For one person, living is cheaper in Edmonton: $2,181 a month against $2,591 in Carmel, IN, rent and utilities included – about $4,900 less a year. Rent and utilities account for most of the difference.

106

Cost of Living Index in Edmonton
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Edmonton Living Index
124

Cost of Living Index in Carmel, IN
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Carmel, IN Living Index

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Edmonton

🇨🇦 Canada

$2,181

/mo nomad

Carmel, IN

🇺🇸 United States

$2,591

/mo nomad

Monthly Cost of Living

How much you'll spend in Edmonton and in Carmel, IN

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Edmonton and in Carmel, IN actually costs, broken down by who's living it.

A single person spends $2,181 per month in Edmonton vs $2,591 in Carmel, IN, rent included.

Edmonton $2,181
Carmel, IN $2,591

A couple spends around $3,217 per month in Edmonton vs $3,962 in Carmel, IN, rent included.

Edmonton $3,217
Carmel, IN $3,962

A family of three spends $4,252 per month in Edmonton vs $5,334 in Carmel, IN, rent included.

Edmonton $4,252
Carmel, IN $5,334

Edmonton is about 16% cheaper than Carmel, IN, and outside of rent the biggest gap is in transport.

Both Edmonton and Carmel, IN sit above the global median – Edmonton by 61%, Carmel, IN by 91%.

Meal at Budget Restaurant

$20.22 CA$28.58

$19.73 $19.73

2.48%

Three-Course Dinner for Two, Mid-Range

$76.4 CA$108

$79.1 $79.1

-3.31%

Fast Food Meal (McDonalds, etc)

$9.87 CA$13.96

$10.19 $10.19

-3.14%

Cappuccino

$3.96 CA$5.60

$4.82 $4.82

-17.84%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.27 CA$3.22

$2.74 $2.74

-17.15%

Water (0.33 liter bottle)

$2.06 CA$2.91

$2.04 $2.04

0.98%

Local Beer (0.5 liter draught)

$5.86 CA$8.28

$5.85 $5.85

0.17%

Imported Beer (0.33 liter bottle)

$6.48 CA$9.16

$7.56 $7.56

-14.29%

Milk (1 liter)

$1.62 CA$2.29

$0.85 $0.85

90.59%

White Bread (500g)

$2.12 CA$3.00

$3.39 $3.39

-37.46%

Rice (white) (1kg)

$3.06 CA$4.32

$4.88 $4.88

-37.30%

Eggs

$3.43 CA$4.85

$4.13 $4.13

-16.95%

Local Cheese (1kg)

$10.74 CA$15.18

$12.58 $12.58

-14.63%

Chicken Fillets (1kg)

$11.21 CA$15.85

$11.10 $11.10

0.99%

Beef Round Steak (1kg)

$18.92 CA$26.75

$16.01 $16.01

18.18%

Apples (1kg)

$4.15 CA$5.86

$5.62 $5.62

-26.16%

Banana (1kg)

$1.35 CA$1.90

$1.54 $1.54

-12.34%

Oranges (1kg)

$4.37 CA$6.18

$4.26 $4.26

2.58%

Tomato (1kg)

$3.92 CA$5.54

$4.16 $4.16

-5.77%

Potato (1kg)

$2.18 CA$3.09

$2.60 $2.60

-16.15%

Onion (1kg)

$1.84 CA$2.60

$2.96 $2.96

-37.84%

Lettuce (1 head)

$2.42 CA$3.43

$2.10 $2.10

15.24%

Water (1.5 liter bottle)

$1.82 CA$2.57

$2.42 $2.42

-24.79%

Cigarettes 20 Pack (Marlboro, Camel)

$14.23 CA$20.12

$11.40 $11.40

24.82%

Wine (Bottle)

$11.33 CA$16.01

$15.06 $15.06

-24.77%

Local Beer (0.5 liter bottle)

$3.54 CA$5.00

$2.08 $2.08

70.19%

Imported Beer (0.33 liter bottle)

$2.86 CA$4.05

$3.54 $3.54

-19.21%

One-way Ticket (Public Transport)

$2.69 CA$3.80

$2.55 $2.55

5.49%

Public Transport Monthly Pass (Regular Price)

$71.4 CA$101

Taxi Start (Normal Tariff)

$2.86 CA$4.04

$2.03 $2.03

40.89%

Taxi (Normal Tariff) (1km)

$1.40 CA$1.98

$1.23 $1.23

13.82%

Taxi 1hour Waiting (Normal Tariff)

$21.46 CA$30.34

$24.71 $24.71

-13.15%

Gasoline (1 liter)

$1.15 CA$1.63

$0.91 $0.91

26.37%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.9K CA$39.4K

$30.0K $30.0K

-7.05%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$20.5K CA$29.0K

$26.4K $26.4K

-22.30%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$233 CA$330

$228 $228

2.49%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$43.26 CA$61.2

$69.7 $69.7

-37.90%

Internet (50+ Mbps, Unlimited Data)

$55.0 CA$77.7

$67.5 $67.5

-18.60%

Gym Membership (Monthly)

$46.05 CA$65.1

$70.9 $70.9

-35.06%

Tennis Court (1 Hour on Weekend)

$18.11 CA$25.60

$32.49 $32.49

-44.26%

Cinema Ticket

$12.46 CA$17.62

$15.17 $15.17

-17.86%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$757 CA$1,070

$1,763 $1,763

-57.07%

International Primary School, 1 Child (Yearly)

$9,641 CA$13.6K

$19.4K $19.4K

-50.38%

Jeans (Levis 501 Or Similar)

$43.56 CA$61.6

$50.6 $50.6

-13.98%

Summer Dress (H&M, Zara, etc)

$47.08 CA$66.6

$45.52 $45.52

3.43%

Sport Shoes (Adidas, Nike)

$87.3 CA$123

$85.1 $85.1

2.60%

Men's Leather Business Shoes

$95.3 CA$135

$109 $109

-12.76%

1-bedroom Apartment, City Center (Monthly)

$1,094 CA$1,546

$1,480 $1,480

-26.09%

1-bedroom Apartment, Outside City Center (Monthly)

$903 CA$1,276

$1,272 $1,272

-29.04%

3-bedroom Apartment, City Center (Monthly)

$1,706 CA$2,412

$2,650 $2,650

-35.63%

3-bedroom Apartment, Outside City Center (Monthly)

$1,437 CA$2,031

$2,411 $2,411

-40.41%

Buy Apartment in City Center (m2)

$2,205 CA$3,117

$1,878 $1,878

17.39%

Buy Apartment Outside City Center (m2)

$1,983 CA$2,803

$1,806 $1,806

9.77%

Average Monthly Net Salary (After Tax)

$3,499 CA$4,947

$6,343 $6,343

-44.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.32

6.59

-34.45%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Edmonton: October 18, 2026

Last update for Carmel, IN: October 18, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Edmonton

$903 41.4%

Carmel, IN

$1.3K 49.1% 40.9% $369

Groceries & Markets

Edmonton

$362 16.6%

Carmel, IN

$394 15.2% 8.7% $32

Monthly Utilities & Internet

Edmonton

$332 15.2%

Carmel, IN

$365 14.1% 10% $33

Eating Out

Edmonton

$299 13.7%

Carmel, IN

$310 12% 3.8% $11

Clothing & Footwear

Edmonton

$123 5.6%

Carmel, IN

$131 5% 6.3% $7.8

Getting Around

Edmonton

$92 4.2%

Carmel, IN

$18 * 0.7% 80% $74

Sport & Entertainment

Edmonton

$71 3.3%

Carmel, IN

$101 3.9% 42.7% $30

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,094 in Edmonton versus $1,480 in Carmel, IN. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 81% higher in Carmel, IN, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $76.0 in Edmonton versus $79.0 in Carmel, IN. Monthly groceries follow the same trend: $362 vs $394 – making Edmonton the more affordable choice for daily food spending.

Good to know

🇨🇦 Edmonton

🇺🇸 Carmel, IN

🕒 Local time

22:48 10:48 PM

00:48 12:48 AM

2 h ahead of Edmonton

🌤 Weather

👥 Population

1,010,899

99,757

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 22, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

United States Dollar exchange rates as of October 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Edmonton Carmel, IN 2,550 km ≈ 3 h 45 min nonstop flight

From you

Edmonton
Carmel, IN

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Edmonton vs Carmel, IN: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,181 in Edmonton, $2,591 in Carmel, IN – roughly 19% apart. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $3,271 per month in Edmonton and $3,886 in Carmel, IN. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Edmonton, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $76.0 in Edmonton and $79.0 in Carmel, IN. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 9% more in Carmel, IN, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $3,000 monthly budget goes further in Edmonton, where all-in costs run around $2,181, than in Carmel, IN at $2,591. In Edmonton it covers expenses comfortably, while in Carmel, IN it requires careful planning or may not stretch far enough.

Families tend to lean toward Edmonton – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Edmonton. If higher salaries, better infrastructure, or specific career opportunities are the priority, Carmel, IN makes more sense. Both are solid long-term options with distinct trade-offs.