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Cost of Living in Carmel, IN

128
Expensive · National average is 100

Compare Cities

$132,859
Median Income
$1,499/mo
Median Rent
$425,900
Median Home
99,453
Population

Cost Breakdown

🏠Housing
133
0Nat'l Avg (100)200
🛒Groceries
125.7
0Nat'l Avg (100)200
🚗Transportation
118.9
0Nat'l Avg (100)200
🏥Healthcare
111.9
0Nat'l Avg (100)200
⚡Utilities
124.8
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$1,169
est.
$1,319
est.
$1,499$1,919
est.
$2,189
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Carmel with cities in the area

Westfield, IN
Above Average
118.7
Noblesville, IN
Average
102.9
Zionsville, IN
Expensive
137.5
Fishers, IN
Above Average
116.6
Lawrence, IN
Affordable
86
Indianapolis city (balance), IN
Very Affordable
84.4
Compare Carmel vs WestfieldCompare Carmel vs NoblesvilleCompare Carmel vs Zionsville