Cost of living in Carmel, IN

Carmel is a Census city in Hamilton County, IN. ACS 2024 5-year population is 101,651. Median gross rent is $1,712 (ACS 2024 5-year, this place). Median home value is $486,800. Median household income is $141,505. Insurance is the NAIC state average; food is a USDA plan — no town indexes.