Cities Similar to Carmel, IN
The top 10 most similar cities based on cost of living, home prices, rent, population, and region.
Cities similar to Carmel, IN
1. Ann Arbor, MI
119,381 people · Midwest
COL Index
Not available
Home value
$516K
Rent estimate
$1,610/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →2. Lakeville, MN
76,243 people · Midwest
COL Index
Not available
Home value
$503K
Rent estimate
$1,790/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →3. Evanston, IL
75,070 people · Midwest
COL Index
Not available
Home value
$535K
Rent estimate
$2,100/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →4. Plymouth, MN
77,648 people · Midwest
COL Index
Not available
Home value
$466K
Rent estimate
$1,720/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →5. Troy, MI
87,339 people · Midwest
COL Index
Not available
Home value
$465K
Rent estimate
$1,540/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →6. Naperville, IL
150,245 people · Midwest
COL Index
Not available
Home value
$593K
Rent estimate
$2,115/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →7. Westfield, IN
57,746 people · Midwest
COL Index
Not available
Home value
$490K
Rent estimate
$1,630/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →8. Edina, MN
53,348 people · Midwest
COL Index
Not available
Home value
$606K
Rent estimate
$1,730/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →9. Rochester Hills, MI
76,002 people · Midwest
COL Index
Not available
Home value
$460K
Rent estimate
$1,440/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →10. Maple Grove, MN
71,288 people · Midwest
COL Index
Not available
Home value
$431K
Rent estimate
$1,815/mo
Compared: home value, rent estimate, population, region. Partial data: missing factors reduce the score.
Compare →How We Find Cities Similar to Carmel
We compare saved cost indexes (30% of the score), home values (20%), rent estimates (15%), population (15%) and region (20%). Financial differences are measured relative to the two cities, and population uses a logarithmic scale. Rent estimates prefer city ZIP data when available.
A match needs at least two financial factors available for both cities. Missing factors reduce the score instead of counting as matches. Each card lists the factors actually compared. Scores are a ranking aid, not a percentage probability, a measure of data accuracy, or a promise of a similar lifestyle. Climate, schools, jobs and your personal budget are not part of this score.
Click on any city in the results to see a detailed cost of living comparison, including category-by-category breakdowns for housing, groceries, transportation, healthcare, and more. You can also adjust the search to find cities similar to any location in the United States.