Houston wins overall by ~3% (COL index)
Cost of living: Houston vs Carmel (2026)
A $74,000 salary in Houston buys roughly what $76,337 does in Carmel (COL-adjusted). Your real trade-offs are taxes, rent, and day-to-day prices — we break them down and personalize below.
Your move simulator
Tell us about your household — we calculate your real annual savings.
Estimated annual swing
+$3,861/yr
Favoring Houston for this income & household (illustrative).
With the extra $322/mo, you could pay down a $15,000 card balance in ~47 months and still keep ~$39/mo for dining out.
Studio rent/mo
1BR rent/mo
2BR rent/mo
Median home price
Groceries index (100 = US avg)
Budget meal (1 person)
Mid-range dinner (2)
Monthly transit pass/mo
Gas price/gal
Car insurance/mo
Monthly utilities bundle/mo
Internet/mo
Median household income/yr
State income tax%
Sales tax (combined)%
Movie ticket
Gym membership/mo
Beer at restaurant
Overall COL index (100 = US avg)
Walk score / 100
| Category | Houston Texas | Carmel Indiana | Who wins | Your impact at $74K · 1br · 1 car |
|---|---|---|---|---|
| 🏠 HousingQ1 2026 | ||||
| Studio rent/mo | $1,050Better | $1,150 | Houston wins +$100/mo | $1,200/yr saves in Houston |
| 1BR rent/mo | $1,350Better | $1,450 | Houston wins +$100/mo | $1,200/yr saves in Houston |
| 2BR rent/mo | $1,700Better | $1,900 | Houston wins +$200/mo | $2,400/yr saves in Houston |
| Median home price | $280KWins | $380K | Houston wins +$100K | — |
| 🛒 Food & GroceriesQ1 2026 | ||||
| Groceries index (100 = US avg) | 94Better | 99 | Houston wins +5 | — |
| Budget meal (1 person) | $12Better | $13 | Houston wins +$1/mo | — |
| Mid-range dinner (2) | $50Better | $55 | Houston wins +$5/mo | — |
| 🚌 TransportationQ1 2026 | ||||
| Monthly transit pass/mo | $90 | $40Wins | Carmel wins −$50/mo | $600/yr saves in Carmel |
| Gas price/gal | $3.10 | $3.05Better | Carmel wins −$0.05 | — |
| Car insurance/mo | $190 | $136Wins | Carmel wins −$54/mo | $648/yr saves in Carmel |
| ⚡ UtilitiesQ1 2026 | ||||
| Monthly utilities bundle/mo | $175 | $152Wins | Carmel wins −$23/mo | $276/yr saves in Carmel |
| Internet/mo | $65 | $62Better | Carmel wins −$3/mo | — |
| 💰 Income & TaxesQ1 2026 | ||||
| Median household income/yr | $56K | $92KWins | Carmel wins +$36K more/yr | — |
| State income tax% | 0.0%Wins | 3.2% | Houston wins +3.2 pp | $2,368/yr saves in Houston |
| Sales tax (combined)% | 8.3% | 7.0%Wins | Carmel wins -1.3 pp | — |
| 🎬 LeisureQ1 2026 | ||||
| Movie ticket | $15.00 | $14.00Better | Carmel wins −$1.00 | — |
| Gym membership/mo | $35Better | $38 | Houston wins +$3/mo | — |
| Beer at restaurant | $6.00Better | $6.00 | — | — |
| 📊 OverviewQ1 2026 | ||||
| Overall COL index (100 = US avg) | 95Better | 98 | Houston wins +3 | — |
| Walk score / 100 | 49Wins | 20 | Houston wins -29 more/yr | — |
Complete the Picture
While you’re comparing — don’t leave money on the table.
Tax-smart rewards
Turn ~$2,364/yr tax difference into cash back
Houston fits your move math — cash-back cards stack on groceries, gas, and dining you're already doing.
Home + auto bundle
New state — new insurance rates
Bundling often saves hundreds/yr. Compare before you sign a lease in Houston.
High-yield savings
Grow your move fund while you shop for homes
Don't let relocation cash sit at 0% — put it to work until closing day.
More ways to compare this move
Ready to move?
Open the full interactive tool to add up to 5 cities, drop in your salary, and see rent burden.
Open full interactive toolComplete the Picture
While you’re comparing — don’t leave money on the table.
If cash is tight
Knock down high-interest debt first
A move has upfront costs — a balance transfer or personal loan can lower APR while you settle in.
If you're saving big
Invest the surplus on autopilot
Brokerages and robo-advisors help you dollar-cost average into the market with your new slack.
Frequently asked questions
Is Houston cheaper than Carmel?
Yes. Houston is 3% cheaper than Carmel based on overall cost of living indices (95 vs 98, where 100 = US average).
What is the average rent in Houston vs Carmel?
As of Q1 2026, the median 1-bedroom rent in Houston is $1,350/month and in Carmel is $1,450/month. Houston is cheaper by 7%.
How much do I need to earn in Carmel to match a $75,000 salary in Houston?
To maintain a similar lifestyle, you would need approximately $77,368/year in Carmel to match a $75,000 salary in Houston. This estimate is based on overall cost of living indices and does not account for individual spending patterns.
Which city has lower taxes — Houston or Carmel?
Houston has the lower state income tax rate at 0% vs 3.2%. Houston has no state income tax at all, which can save thousands of dollars per year depending on your income. Note that sales tax and local taxes also vary — see the full breakdown in the table above.
Is it worth moving from Houston to Carmel?
It depends on your priorities. Houston offers lower overall costs and tax advantages, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.
Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS · Updated Q1 2026 · For general guidance only
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Salary equivalent: Houston ↔ Carmel
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