What does housing cost in Carmel in 2026?

Housing in Carmel runs to about €1,374 per month for a reference home of 45 m².

What is the average rent in Carmel?

Asking rent in Carmel stands at 1,607 €/month.

What are property prices in Carmel?

To buy in Carmel, expect 455,500 €.

Cost of Living in Carmel, 2026: Rent, Groceries, Transport

Cost of living in Carmel — 2026

Carmel has 100,501 residents and lies in Indiana. Median rent there comes to roughly €1,374 per month in 2026. To buy, expect 389,350 €. Median income is 115,054 €/year, meaning reference rent absorbs about 14% of monthly income.

Cost of living in Carmel

Rent

Median rent: 1,374 €/month

Buy

Median home value: 389,350 €

Income

Median household income: 115,054 €/year

Local taxes

Median property tax paid: 3,252 €/year

Quality of life — Carmel

Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023

25,8 %

Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023

3,7 %

Cities near Carmel

Compare with neighbouring towns

Westfield8 km Fishers15 km Noblesville15 km Indianapolis city (balance)21 km Greenwood40 km Anderson41 km Kokomo55 km Muncie69 km

Compare directly

Carmel vs Westfield Carmel vs Fishers Carmel vs Noblesville Carmel vs Indianapolis city (balance)

All cities in IndianaCost of living in Indiana

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