Cost of Living in Mount Carmel, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
177.9
100 = national avg
+77.9 vs national average
Living Wage (1 Adult)
$78,289
per year
Living Wage (Family of 4)
$185,047
per year
Cost Index by Category
Housing125.9
Food176.8
Transportation253.6
Healthcare161.4
Utilities151.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,257
per month
2 Bedroom
$1,471
per month
The overall cost of living index in Mount Carmel is 177.9, which is 77.9% above the national average. Housing costs are above the national average at an index of 125.9. A single adult needs to earn approximately $78,289 per year to cover basic expenses.