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Transparent & data-driven

How We Ranked the Most Expensive Places

Each city is scored across five weighted categories using daily MLS data and verified government stats. Every metric is benchmarked against both its state average and the national average — dual benchmarking — so a market isn’t judged expensive just for sitting in a high-cost state.

Scoring weights

  • Housing Costs40%

    Sale price, price per sq ft & high-value concentration vs. state and national benchmarks.

  • Rent Burden20%

    Median rent, rent-to-income ratio & rental demand vs. state and national medians.

  • Income vs. Cost Imbalance15%

    The gap between median household income and the cost of living for the area.

  • Market Demand Intensity15%

    Turnover, scarcity, days on market & buyer competition from Houzeo’s live MLS feed.

  • Cost of Living10%

    Utilities, transportation & everyday goods vs. state and national averages — the tiebreaker.

Our data sources

MLS metrics update daily; government data is added on each agency’s release schedule.

Your New Home is Waiting for You in Indiana

Best Expensive Places to Retire in Indiana

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Top 3 Most Expensive Indiana Cities Worth It for Families

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Top 3 Most Expensive Cities Worth It for Young Adults

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Cost of Living in Indiana's Most Expensive Cities

High home prices are only part of the equation in Indiana's priciest markets. Groceries, utilities, and insurance all run above the national average. Coastal homeowner's insurance alone can add thousands to your annual budget. Here is what to expect across five of Indiana's most expensive cities.

CityMedian Home PriceMedian RentCost of LivingRank
Zionsville $800,000$2,110arrow 28% above national avg1/10
Carmel $635,000$2,221arrow 17% above national avg2/10
Fishers $427,400$2,300arrow 12% above national avg3/10
Westfield $497,000$2,305arrow 12% above national avg4/10
Meridian Hills $745,000$2,100arrow 15% above national avg5/10

Safest Places to Live in Indiana

Many homebuyers look beyond housing costs and focus on finding a community where they can feel secure. Indiana is home to several cities that consistently rank well for safety, with lower crime rates. These communities offer a comfortable environment for families, professionals, and retirees alike. Explore our safest places to live in Indiana rankings to discover which cities stand out the most.

Rank#1

Porter

90/100

Score

Safest Safest

Rank#2

Crown Point

84/100

Score

Safest Safest

Rank#3

Columbus

70/100

Score

Safest Safest

Rank#4

Muncie

51/100

Score

Safest Safest

Rank#5

Madison

0/100

Score

Safest Safest

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Frequently Asked Questions

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Based on information from MIBOR REALTOR® Association through Sep 15, 2026, 11:31 PM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

Important Legal Disclosures

MLS Disclaimers
The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors. Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.