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Carmi, IL vs Carrier Mills, IL

68
Carmi
Illinois
VS
+25.2%
54
Carrier Mills
Illinois

There is a significant gap in the cost of living between these two cities. Carrier Mills is 25.2% cheaper than Carmi. With a cost index of 54 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carrier Mills to Carmi should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carmi is $863/month compared to $525/month in Carrier Mills — a 64% difference. Home values follow the same pattern: Carrier Mills is more affordable at $57,300 median vs $98,700.

Median household income in Carmi is $47,051 compared to $50,269 in Carrier Mills (-6.4%). Carrier Mills offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carmi spend roughly 22% of their income on rent, more than the 12.5% in Carrier Mills.

Income & Cost

Cost of Living Index
Carmi
68
Carrier Mills
54
20% cheaper
Median Household Income
Carmi
$47,051
Carrier Mills
$50,269
6% higher

Housing

Median Rent
Carmi
$863
Carrier Mills
$525
39% cheaper
Median Home Value
Carmi
$98,700
Carrier Mills
$57,300
42% cheaper
Population
Carmi
4,879
Carrier Mills
1,702

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