According to the most recent data on the cost of living, Mount Carmel has an overall cost of living index of 83 which is 0.8x lower than the national index of 100.
Compared to only Illinois, Mount Carmel has a cost of living index that's 0.8x lower than Illinois's index of 98.
The standard of living in Mount Carmel ranks as #522 most affordable out of the 6,522 places we measured in Illinois. By definition, that implies Mount Carmel ranks as the #5,884 most expensive place in the Prairie State.
|Living Expense||Mount Carmel||Illinois||National Average|
Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|City||Population||Cost Of Living||Vs. Mount Carmel|
|Mount Vernon, IN||6,584||86||1.0x|