Welcome to the ultimate guide for creating a truly irresistible homemade caramel sauce right in your kitchen, effortlessly. If you’ve been dreaming of a rich, velvety, and deeply flavored caramel, but thought it required complex techniques and a candy thermometer, prepare to be amazed. This recipe demystifies the process, harnessing the power of your Instant Pot to transform simple ingredients into a gourmet delight. Get ready to discover your new favorite way to make caramel!
Unlike many store-bought caramels that are primarily sugar-based, this particular method yields a luscious dulce de leche-style caramel. Originating from Latin America, dulce de leche, meaning “sweet of milk,” is renowned for its creamy texture and distinct, milky caramel flavor derived from the slow cooking of sweetened milk. While both traditional caramel and dulce de leche are undeniably delicious, they offer subtly different experiences. Our Instant Pot version delivers that unique, comforting taste that’s perfect for elevating any dessert.
Once you experience the sheer simplicity and incredible results of this Instant Pot caramel sauce, you’ll find yourself wanting to keep a can (or several!) of sweetened condensed milk in your pantry at all times. The convenience of whipping up a batch whenever a craving strikes – for an ice cream topping, a baking ingredient, or simply a spoonful straight from the jar – is truly unparalleled. Say goodbye to store-bought, and hello to homemade perfection!

Why You’ll Adore This Instant Pot Caramel Recipe
There are countless reasons to fall in love with this Instant Pot caramel recipe, but its incredible ease tops the list. Imagine achieving a professional-quality caramel with minimal effort and no specialized equipment beyond your trusty Instant Pot. Forget about the fussy process of constantly stirring sugar and water over a hot stove, meticulously monitoring temperatures with a candy thermometer, and praying it doesn’t burn. This recipe takes all the guesswork out of caramel making, allowing you to relax while your pressure cooker does the hard work.
Beyond its simplicity, the flavor profile of this Instant Pot dulce de leche is truly exceptional. It boasts a rich, complex sweetness with deep, buttery undertones and a hint of toasted milk that’s utterly addicting. Its velvety smooth texture makes it ideal for drizzling over desserts, stirring into coffee, or simply enjoying by the spoonful. It’s a versatile condiment that will quickly become a staple in your kitchen, elevating everything it touches.
Furthermore, making caramel at home is often more cost-effective than purchasing gourmet varieties from the store. With just two common ingredients, you can create a generous batch that tastes infinitely better than anything pre-made. Plus, there’s an immense sense of satisfaction that comes from making something so delicious from scratch. This recipe is a game-changer for anyone who loves caramel but fears the traditional methods.
The Two Simple Ingredients You Need
Believe it or not, this remarkably rich and flavorful caramel sauce requires only two humble ingredients. The magic truly happens through the process, not through a long list of complex components. This simplicity is part of what makes the Instant Pot method so appealing and accessible to everyone.
Sweetened Condensed Milk
The star of this recipe is a can of sweetened condensed milk. This product is essentially cow’s milk from which water has been removed, and a significant amount of sugar has been added. The high sugar content is crucial for the caramelization process, and the milk solids contribute to the creamy, rich texture and distinct dulce de leche flavor. Any standard brand of sweetened condensed milk will work wonderfully here. Just ensure you’re grabbing sweetened condensed milk and *not* evaporated milk, as they are very different products and evaporated milk will not yield the same delicious results.
Vanilla Extract (Optional, but Recommended)
While technically optional, a touch of vanilla extract added after cooking elevates the caramel’s flavor profile, adding warmth and depth. Use a good quality pure vanilla extract for the best taste. You’ll be surprised how much this small addition enhances the overall experience, transforming a simple sweet into something truly gourmet. If you’re feeling adventurous, you could even experiment with other extracts like almond or a pinch of sea salt for a salted caramel twist.


How to Make Instant Pot Caramel Sauce: Step-by-Step
Making this incredible Instant Pot caramel sauce is surprisingly straightforward. The key is allowing your pressure cooker to do the heavy lifting, ensuring a perfectly cooked and rich caramel every time. Follow these steps for sweet success:
Preparation is Key
Begin by carefully removing the paper label from your can of sweetened condensed milk. While it might seem counterintuitive, we are going to cook the milk directly in its original can! Next, and this step is crucial for safety and optimal results, remove the top lid entirely from the can. Do not leave it partially attached or just pierce holes in it. Once the top is removed, cover the open can tightly with aluminum foil. This foil lid prevents any water from entering the can during the pressure cooking process and helps create a steamy environment for even cooking.
Setting Up Your Instant Pot
Place a trivet (the metal rack that often comes with your Instant Pot) into the bottom of the Instant Pot liner. This keeps the can elevated and prevents direct contact with the bottom of the pot, ensuring even heat distribution. Carefully set your foil-covered can of sweetened condensed milk onto the trivet. Now, add water to the Instant Pot. The water level should reach approximately halfway up the side of the can. This creates the necessary steam bath for the milk to caramelize beautifully under pressure.
Batch Cooking Made Easy
One of the great advantages of this Instant Pot method is its scalability. If you want to make a larger batch of caramel, you can cook multiple cans of sweetened condensed milk simultaneously. Simply ensure each can is prepped in the same way (label removed, top lid off, tightly covered with foil) and place them side-by-side on the trivet. Make sure there’s enough space between cans for proper heat circulation, and adjust the water level to still reach halfway up the side of all cans.

The Pressure Cooking Process
Close the lid of your Instant Pot and ensure the sealing vent is set to the “Sealing” position. Select the “Manual” or “Pressure Cook” setting and set the cooking time for 40 minutes on high pressure. Keep in mind that your Instant Pot will take approximately 15-20 minutes to build pressure before the actual 40-minute cooking cycle begins. This is normal and accounts for the total time required.
Crucial Pressure Release & Cooling
Once the 40-minute cooking cycle is complete, the pressure release method is critical for achieving the perfect caramel flavor and texture. Allow the Instant Pot to natural release for no more than 10 minutes. This means you do nothing and let the pressure come down on its own. After 10 minutes, carefully switch the sealing vent to the “Venting” position to manually release any remaining pressure. Do not skip this step or extend the natural release time significantly. I once left a batch to natural release for too long, and the resulting caramel had an unpleasant, almost burnt taste. It’s best to err on the side of a quicker release to preserve that delightful, milky caramel flavor. You can even do an immediate manual release if you prefer, though the 10-minute natural release often yields a slightly deeper color.
After the pressure has fully released, carefully remove the hot can(s) from the Instant Pot. Use oven mitts or tongs as the can will be extremely hot. Remove the aluminum foil and allow the can of cooked sweetened condensed milk to cool for about 20 minutes. This cooling period is important before the final stirring step.
The Magical Transformation: Stirring to Smoothness
Now for the satisfying part! After cooling, add a teaspoon of vanilla extract to the cooked contents of the can. Begin stirring vigorously. At first, the mixture will appear quite lumpy and thick, almost like a solid block. Do not be alarmed! This is completely normal. Continue stirring, and as you do, the lumps will gradually dissolve, and the mixture will transform into a gloriously smooth, pourable caramel sauce. You can do all the stirring directly in the can, or if you prefer, carefully pour the contents into a heat-proof bowl for easier whisking. Personally, I find transferring it to a bowl makes the stirring process a little smoother and quicker, especially when making multiple cans.

If you’re making a larger quantity with multiple cans, I highly recommend pouring all the cooked contents into a larger bowl. A hand mixer with a whisk attachment will make this step incredibly easy and efficient, quickly achieving that silky smooth consistency without much arm work. Once stirred to perfection, your homemade Instant Pot caramel sauce is ready to enjoy!

Expert Tips for Instant Pot Caramel Success
While this recipe is incredibly straightforward, a few expert tips can ensure your Instant Pot caramel sauce turns out perfectly every single time. Paying attention to these small details will guarantee a rich, smooth, and utterly delicious result.
Timing the Pressure Release
As mentioned in the instructions, the pressure release timing is paramount. Allowing a natural release for no more than 10 minutes is ideal for a balanced flavor and color. Exceeding this time, particularly if you’re making multiple cans, can result in an overcooked caramel with a slightly darker color and a noticeably bitter, almost burnt undertone. If you’re short on time, an immediate manual release is acceptable, though the caramel might be a shade lighter. Consistency is key here; aim for the 10-minute natural release for optimal flavor development.
Maximizing Your Batch: Cooking Multiple Cans
Don’t limit yourself to just one can! The Instant Pot is perfectly capable of cooking multiple cans of sweetened condensed milk at once, saving you time and effort. Simply ensure each can is prepped identically: label removed, lid completely off, and tightly covered with aluminum foil. Arrange them on the trivet, making sure they are not overcrowded and that the water level still reaches halfway up each can. Cooking multiple cans at once is a smart way to stock up on this delicious caramel for future cravings or gifting.
Flavor Variations & Enhancements
While classic vanilla is always a winner, don’t hesitate to experiment with flavorings after the caramel has cooked and cooled. For a popular treat, add a pinch of flaky sea salt to create a delightful salted caramel sauce. A small amount of espresso powder can deepen the flavor, while a dash of cinnamon or cardamom can add a warm, exotic touch. Consider a splash of rum or bourbon for an adult-friendly version. Always add these flavorings gradually and taste as you go to achieve your desired profile.
Storage and Shelf Life
Once cooled and transferred to an airtight container (a glass jar works beautifully), your homemade Instant Pot caramel sauce can be stored in the refrigerator for up to 2-3 weeks. For longer storage, it can be frozen for several months. When ready to use, simply thaw in the refrigerator and gently reheat in a microwave or a saucepan over low heat, stirring until smooth and warm. If it appears too thick after refrigeration, a tablespoon or two of milk or cream can be stirred in during reheating to achieve the desired consistency.
Dulce de leche is a confection prepared by slowly heating sweetened milk to create a product that derives its flavor from the Maillard reaction, giving it a distinctive color and taste. The name translates from Spanish as “sweet [made] of milk.” It is distinct from traditional caramel sauce, which is typically made from caramelized sugar and water (or corn syrup). While both are delicious, dulce de leche offers a creamier texture and a deeper, milkier caramel flavor. Caramel lovers often appreciate both for their unique qualities.
Yes, it is generally considered safe to cook sweetened condensed milk in its original can within a pressure cooker, provided certain precautions are taken. It’s crucial to remove the paper label and, most importantly, completely remove the top lid of the can before cooking. This prevents pressure buildup inside the can itself, which could be dangerous. The aluminum foil cover allows steam to circulate while keeping water out. Always ensure there’s sufficient water in the Instant Pot liner during cooking.
No, you cannot use evaporated milk for this recipe. Sweetened condensed milk is key because it contains a very high concentration of sugar, which is essential for the caramelization process. Evaporated milk, on the other hand, is unsweetened and will not caramelize into dulce de leche. Using evaporated milk would likely result in a cooked milk product, not a caramel sauce.
When stored properly in an airtight container in the refrigerator, homemade Instant Pot caramel sauce can last for approximately 2 to 3 weeks. For longer storage, it freezes exceptionally well for several months. Always ensure it’s fully cooled before refrigerating or freezing.
Delicious Ways to Enjoy Your Homemade Caramel
Now that you’ve mastered the art of Instant Pot caramel, the possibilities for indulgence are endless! This versatile sauce can elevate countless dishes and drinks, making ordinary moments extraordinary. Here are just a few ideas to inspire you:
- Ice Cream Topping: The most classic pairing! Drizzle generously over vanilla, chocolate, or even coffee ice cream.
- Dessert Enhancement: Use it as a filling for cakes and cupcakes, a topping for cheesecakes, or swirl it into brownies before baking. It’s fantastic with apple pie or as part of a banoffee pie.
- Coffee & Beverages: Stir a spoonful into your morning coffee, latte, or hot chocolate for a gourmet touch. Create a homemade caramel macchiato!
- Breakfast Treat: Drizzle over pancakes, waffles, French toast, or oatmeal for a decadent start to your day.
- Fruit Dip: Pair with sliced apples, bananas, or pears for a simple yet satisfying snack.
- Baking Ingredient: Incorporate it into recipes for caramel bars, cookies, or even a rich caramel cheesecake. For example, you might love this recipe for salted caramel Kentucky butter cake!
- As a Gift: Jarred homemade caramel makes for a thoughtful and delicious gift for friends and family.

📖 Recipe Card

Instant Pot Caramel Sauce
Ingredients
- 12 ounce can sweetened condensed milk
- 1 teaspoon vanilla extract (optional, but highly recommended)
Instructions
- Carefully remove the paper label from the can of sweetened condensed milk. Completely remove the top lid from the can. Then, use aluminum foil to cover the open can tightly.12 ounce can sweetened condensed milk
- Place a trivet in the Instant Pot liner. Set the foil-covered can (or multiple cans, if batch cooking) on the trivet. Add water to the Instant Pot until it reaches approximately halfway up the side of the can(s).
- Close and seal the Instant Pot lid, ensuring the venting knob is in the “Sealing” position. Select the “Manual” or “Pressure Cook” setting and set the cooking time for 40 minutes on high pressure. The Instant Pot will take 15-20 minutes to come to pressure before cooking begins.
- Once the cooking cycle is complete, allow the Instant Pot to natural release for no more than 10 minutes. Then, manually vent to release any remaining pressure. (Do not exceed 10 minutes of natural release to prevent a burnt flavor.)
- Carefully remove the hot can(s) from the Instant Pot (using oven mitts or tongs). Remove the aluminum foil and allow the can of milk to cool for at least 20 minutes before proceeding.
- Add the vanilla extract to the cooked sweetened condensed milk. Begin stirring vigorously with a whisk. The mixture will initially be very thick and lumpy, but continue stirring consistently. It will gradually become smooth and creamy. You can stir directly in the can or transfer it to a heat-proof bowl for easier whisking, especially if making multiple cans.1 teaspoon vanilla extract
Recipe Video
Nutrition Facts (per serving)
Nutrition values are estimates only, using online calculators. Please verify using your own data.
