Carmel IN vs Minneapolis MN — Cost of Living, Crime & Income Comparison 2026
Updated May 2026 · Source: US Census ACS 5-Year (2023), FBI CDE (2023), BLS OEWS (2024)
Carmel, IN
Indiana · Population: 100,501
- Median HH Income$134,602
- Median Home Price$570,592
- Unemployment2.7%
- Bachelor's+74.5%
Minneapolis, MN
Minnesota · Population: 426,845
- Median HH Income$80,269
- Median Home Price$334,719
- Unemployment5.7%
- Bachelor's+54.4%
Detailed Comparison
Demographics
Population
Carmel
100,501
Minneapolis
426,845
Minneapolis +
Pop. Density / sq mi
Lower = more space
Carmel
N/A
Minneapolis
N/A
Median Age
Carmel
40.5
Minneapolis
33.0
Minneapolis +
Foreign Born
Carmel
12.9%
Minneapolis
14.1%
Minneapolis +
White
Carmel
77.5%
Carmel +
Minneapolis
61.6%
Black
Carmel
3.7%
Minneapolis
18.3%
Minneapolis +
Asian
Carmel
11.6%
Carmel +
Minneapolis
5.2%
Hispanic
Carmel
5.0%
Minneapolis
10.5%
Minneapolis +
Spanish at Home
Carmel
N/A
Minneapolis
N/A
| Metric | Carmel, IN | Minneapolis, MN | Better |
|---|---|---|---|
| Population | 100,501 | 426,845 | Minneapolis + |
| Pop. Density / sq miLower = more space | N/A | N/A | - |
| Median Age | 40.5 | 33.0 | Minneapolis + |
| Foreign Born | 12.9% | 14.1% | Minneapolis + |
| White | 77.5% | 61.6% | Carmel + |
| Black | 3.7% | 18.3% | Minneapolis + |
| Asian | 11.6% | 5.2% | Carmel + |
| Hispanic | 5.0% | 10.5% | Minneapolis + |
| Spanish at Home | N/A | N/A | - |
Economy
Median HH Income
Carmel
$134,602
Carmel +
Minneapolis
$80,269
Per Capita Income
Carmel
$71,546
Carmel +
Minneapolis
$50,605
Per Capita Personal Income (MSA)
BEA MSA-level
Carmel
$58,697
Minneapolis
$69,467
Minneapolis +
Unemployment Rate
Carmel
2.7%
Carmel +
Minneapolis
5.7%
Poverty Rate
Carmel
3.7%
Carmel +
Minneapolis
16.4%
Bachelor's Degree+
Carmel
74.5%
Carmel +
Minneapolis
54.4%
| Metric | Carmel, IN | Minneapolis, MN | Better |
|---|---|---|---|
| Median HH Income | $134,602 | $80,269 | Carmel + |
| Per Capita Income | $71,546 | $50,605 | Carmel + |
| Per Capita Personal Income (MSA)BEA MSA-level | $58,697 | $69,467 | Minneapolis + |
| Unemployment Rate | 2.7% | 5.7% | Carmel + |
| Poverty Rate | 3.7% | 16.4% | Carmel + |
| Bachelor's Degree+ | 74.5% | 54.4% | Carmel + |
Housing
Median Home Value
Zillow ZHVI / Census ACS
Carmel
$570,592
Minneapolis
$334,719
Minneapolis +
Homeownership Rate
Carmel
74.6%
Carmel +
Minneapolis
48.0%
| Metric | Carmel, IN | Minneapolis, MN | Better |
|---|---|---|---|
| Median Home ValueZillow ZHVI / Census ACS | $570,592 | $334,719 | Minneapolis + |
| Homeownership Rate | 74.6% | 48.0% | Carmel + |
Safety
Violent Crime / 100K
FBI CDE (state-level est.)
Carmel
370
Minneapolis
284
Minneapolis +
Property Crime / 100K
FBI CDE (state-level est.)
Carmel
1719
Carmel +
Minneapolis
1992
| Metric | Carmel, IN | Minneapolis, MN | Better |
|---|---|---|---|
| Violent Crime / 100KFBI CDE (state-level est.) | 370 | 284 | Minneapolis + |
| Property Crime / 100KFBI CDE (state-level est.) | 1719 | 1992 | Carmel + |
Health
Obesity Rate
CDC PLACES
Carmel
30.8%
Minneapolis
28.6%
Minneapolis +
Diabetes Rate
CDC PLACES
Carmel
9.6%
Minneapolis
7.4%
Minneapolis +
Poor Mental Health
CDC PLACES — 14+ days/month
Carmel
12.5%
Carmel +
Minneapolis
17.1%
No Health Insurance
CDC PLACES
Carmel
4.4%
Carmel +
Minneapolis
9.9%
Binge Drinking
CDC PLACES
Carmel
16.2%
Carmel +
Minneapolis
19.8%
Current Smokers
CDC PLACES
Carmel
8.2%
Carmel +
Minneapolis
12.7%
| Metric | Carmel, IN | Minneapolis, MN | Better |
|---|---|---|---|
| Obesity RateCDC PLACES | 30.8% | 28.6% | Minneapolis + |
| Diabetes RateCDC PLACES | 9.6% | 7.4% | Minneapolis + |
| Poor Mental HealthCDC PLACES — 14+ days/month | 12.5% | 17.1% | Carmel + |
| No Health InsuranceCDC PLACES | 4.4% | 9.9% | Carmel + |
| Binge DrinkingCDC PLACES | 16.2% | 19.8% | Carmel + |
| Current SmokersCDC PLACES | 8.2% | 12.7% | Carmel + |
Climate
Avg Annual Temp
NOAA 1991–2020 normal
Carmel
51.6°F
Minneapolis
46.3°F
Minneapolis +
Annual Precipitation
NOAA 1991–2020 normal
Carmel
42.2 in
Minneapolis
30.6 in
Minneapolis +
| Metric | Carmel, IN | Minneapolis, MN | Better |
|---|---|---|---|
| Avg Annual TempNOAA 1991–2020 normal | 51.6°F | 46.3°F | Minneapolis + |
| Annual PrecipitationNOAA 1991–2020 normal | 42.2 in | 30.6 in | Minneapolis + |
Air Quality
PM2.5 Annual Avg
EPA AQS (state-level est.)
Carmel
10.1 µg/m³
Minneapolis
8.1 µg/m³
Minneapolis +
Good Air Days
AQI ≤ 50
Carmel
55.0%
Minneapolis
75.0%
Minneapolis +
| Metric | Carmel, IN | Minneapolis, MN | Better |
|---|---|---|---|
| PM2.5 Annual AvgEPA AQS (state-level est.) | 10.1 µg/m³ | 8.1 µg/m³ | Minneapolis + |
| Good Air DaysAQI ≤ 50 | 55.0% | 75.0% | Minneapolis + |
Commute
Mean Commute Time
Census ACS
Carmel
26.4 min
Minneapolis
24.2 min
Minneapolis +
| Metric | Carmel, IN | Minneapolis, MN | Better |
|---|---|---|---|
| Mean Commute TimeCensus ACS | 26.4 min | 24.2 min | Minneapolis + |
Which City is Right for You?
Carmel leads in median household income at $134,602, while minneapolis offers more affordable housing with a median home price of $334,719. On public safety, Minneapolis is safer with a violent crime rate of 284 per 100,000 residents, compared to 370 in Carmel. Carmel has a lower unemployment rate at 2.7%, and Minneapolis has cleaner air (PM2.5 avg 8.1 µg/m³). For overall health outcomes, Minneapolis scores better with a lower obesity rate of 28.6%.
Compare More Cities
Carmel, IN vs New York, NYCarmel, IN vs Los Angeles, CACarmel, IN vs Chicago, ILCarmel, IN vs Houston, TXCarmel, IN vs Phoenix, AZCarmel, IN vs Philadelphia, PA