Caramel Dip

Caramel Apple Dip, Apples, and crushed peanuts in white bowls

Caramel Dip is served with sliced apples and crushed peanuts at my house.  Large marshmallows are also delicious dipped in this caramel.

This recipe reminds of me of the cooler days of an early Illinois fall.  This was often found at small festivals and craft fairs that were once popular in small rural towns.

Fat free sweetened condensed milk can be used, but why? Let’s face it, there is nothing outside of the apples that are healthy in this recipe.  Caramel dip is a decadent pleasure that should not be eaten if calorie or carb counts are an issue.

Margarine is also an acceptable substitute, but for the same reasons listed above, why?

This is best served from the slower cooker set to the warm setting.  This dip will get pretty thick pretty quick without heat.

If you find you want a thinner dip, just add some milk 2 tablespoons at a time and mix well.

This can be made on a stovetop, just make sure to use very low heat.  Caramel of any kind can turn on you fast.  Even in the slow cooker, this dip needs to be watched, as the corners of the crock can turn dark.  If you catch it quick enough it will not affect the final product, but if you walk away for too long, the whole mess will taste burnt.


Caramel Dip

Warm caramel dip tastes great on apple slices or marshmallows.

  • Author: Beth Mueller
  • Prep Time: 5 minutes
  • Cook Time: 2 hours
  • Total Time: 2 hours
  • Yield: 20 Servings
  • Category: Dessert
  • Method: Slow Cooker
  • Cuisine: Sweet Treat


  • 22 ounces Caramels, unwrapped, or use caramel bits
  • 14 ounce can Sweetened Condensed Milk, not evaporated
  • 1/2 cup butter or margarine
  • Milk, skim, 1%, or whole, optional
  • Apple slices, large marshmallows, for dipping


  1. Add everything to a slow cooker and set to low.
  2. Cover and cook for 1 to 2 hours, stirring every 15 minutes until caramels are melted. Be sure to stir the corners of the crock to avoid burnt areas.
  3. If a thinner dip is desired, add regular milk 2 tablespoon at a time, mixing well after each addition until desired consistency is reached.
  4. Serve warm with apples slices, marshmallows, and crushed peanuts.


Other ideas for dipping: Pretzels, Graham Crackers, Shortbread Cookies, Grapes, Bananas


  • Serving Size: 1/4 cup
  • Calories: 227
  • Sugar: 31.8
  • Sodium: 137 mg
  • Fat: 9 g
  • Saturated Fat: 4.8 m
  • Carbohydrates: 35.5 g
  • Fiber: 0 g
  • Protein: 3.1 g
  • Cholesterol: 21 mg

Other sweet treats to try:

Mini Blueberry Pies

Rollie Pollies

Frosted Pumpkin Cookies

Chocolate Bacon Bourbon Balls

Slow cooked caramel dip with apples and crushed peanuts. Perfect fall snack or gameday sweet. It's like a caramel apple without all the work.
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