Indianapolis vs Carmel: Anesthesiologist Salary (2026)
Compare anesthesiologist salaries between Indianapolis, IN and Carmel, IN. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Indianapolis, IN | Carmel, IN |
|---|---|---|
| Median Salary | $391,593▲ | $388,162 |
| Hourly Rate | $188.27▲ | $186.62 |
| Entry Level (P10) | $213,431 | $225,134▲ |
| 25th Percentile | $375,155▲ | $279,477 |
| 75th Percentile | $428,805 | $490,217▲ |
| Top Earner (P90) | $565,544▲ | $555,965 |
| Total Employed | 560▲ | 15 |
Verdict
Indianapolis, IN offers better overall compensation for anesthesiologists, winning 4 out of 4 metrics compared to Carmel.
The salary gap between Indianapolis and Carmel is $3,431 (0.88%). Indianapolis's median is -4.28% compared to the US national median of $409,107.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Indianapolis spans $352,113,Carmel spans $330,831. Indianapolis has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Carmel ($425,150 effective) pays 3.90% more than Indianapolis ($409,205 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Indianapolis if…
- ✓Higher median salary ($391,593/year)
- ✓Better top-earner potential ($565,544)
- ✓Larger job market (560 employed)
- ✓You prefer the Indiana area and lifestyle
Choose Carmel if…
- ✓Better purchasing power (CoL-adjusted: $425,150)
- ✓You prefer the Indiana area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, anesthesiologist salaries in Indianapolis grew 0.3% from 2024 to 2025, compared to 12.0% growth in Carmel over the same period.
Indianapolis, IN
$373,459 (2024) → $374,730 (2025)
Carmel, IN
$331,502 (2024) → $371,447 (2025)
View Full Salary Data
Indianapolis, IN
Carmel, IN
Frequently Asked Questions
Which city pays anesthesiologists more: Indianapolis or Carmel?
What is the hourly rate difference between Indianapolis and Carmel?
Should I relocate from Indianapolis to Carmel as a anesthesiologist?
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Written by Dr. Maria Chen, MD
Career Analyst
Dr. Chen has over 10 years of experience in anesthesiology. She specializes in perioperative care at a major metropolitan hospital.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 4.50% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Dr. Maria Chen, MD, a licensed anesthesiologist with 10+ years of clinical experience. · View source data at BLS.gov