Merrillville, IN Cost Of Living
Cost Of Living In Merrillville, IN Summary
Cost of living in Merrillville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Merrillville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Indiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Merrillville is 101, with 100 being the average.
The cost of living index in Merrillville is 1.0x higher than the national average.
Merrillville ranks as the #108 cheapest in Indiana out of 124.
Merrillville ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Merrillville is $151,800.
The median income in Merrillville is $61,230.
Table Of Contents
Merrillville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Merrillville, IN?
According to the most recent data on the cost of living, Merrillville has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Indiana, Merrillville has a cost of living index that's 1.1x higher than Indiana's index of 91.
The standard of living in Merrillville ranks as #108 most affordable out of the 124 places we measured in Indiana. By definition, that implies Merrillville ranks as the #16 most expensive place in the Hoosier State.
For more reading on life in Merrillville, check out:
- Living In Merrillville
- Merrillville Crime Report
- Search Homes For Sale In Merrillville, IN
In Indiana
In America
Merrillville Cost Of Living Vs. Indiana
Six factors go into calculating the cost of living index in Merrillville. Here is how it fairs on each of the criteria:
The Services index in Merrillville is 114.
The Groceries index in Merrillville is 107.
The Health index in Merrillville is 100.
The Housing index in Merrillville is 80.
The Transportation index in Merrillville is 112.
The Utilities index in Merrillville is 91.
| Living Expense | Merrillville | Indiana | National Average | |
|---|---|---|---|---|
| Overall | 101 | 91 | 100 | |
| Services | 114 | 94 | 100 | |
| Groceries | 107 | 96 | 100 | |
| Health | 100 | 101 | 100 | |
| Housing | 80 | 77 | 100 | |
| Transportation | 112 | 95 | 100 | |
| Utilities | 91 | 106 | 100 | |
Merrillville, IN Housing Cost Breakdown
Housing swings affordability the most between places in Indiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Merrillville is $151,800.
The Median Rent in Merrillville is $1,135.
The Median Income in Merrillville is $61,230.
The Home Value To Income in Merrillville is 2.5x.
The Rent To Monthly Income in Merrillville is 0.22x.
| Statistic | Merrillville | Indiana | United States |
|---|---|---|---|
| Median Home Value | $151,800 | $158,500 | $244,900 |
| Median Rent | $1,135 | $891 | $1,163 |
| Median Income | $61,230 | $61,944 | $69,021 |
| Home Value To Income | 2.5x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Merrillville, IN Costs By Category
Detailed Merrillville Services Costs Vs. Indiana
| Item | Merrillville | Indiana |
|---|---|---|
| Shampoo | $1.06 | $1.06 |
| Movie | $14.85 | $10.68 |
| Bowling | $15.76 | $14.67 |
| Haircut | $27.76 | $18.62 |
| Beauty Salon | $65.57 | $39.05 |
Detailed Merrillville Groceries Costs Vs. Indiana
| Item | Merrillville | Indiana |
|---|---|---|
| Ground Beef | $4.87 | $4.22 |
| Fried Chicken | $1.99 | $1.39 |
| Milk | $2.42 | $2.05 |
| Potatoes | $3.23 | $3.29 |
| Pizza | $12.0 | $10.62 |
| Beer | $8.61 | $9.38 |
| Toothpaste | $2.46 | $2.34 |
Detailed Merrillville Health Costs Vs. Indiana
| Item | Merrillville | Indiana |
|---|---|---|
| Optometrist | $96.76 | $108.57 |
| Doctor | $104.96 | $116.17 |
| Dentist | $101.82 | $99.13 |
Detailed Merrillville Transportation Costs Vs. Indiana
| Item | Merrillville | Indiana |
|---|---|---|
| Gasoline | $2.51 | $2.22 |
| Tire Balancing | $56.85 | $50.07 |
Detailed Merrillville Utilities Costs Vs. Indiana
| Item | Merrillville | Indiana |
|---|---|---|
| All Electricity | $131.89 | $167.67 |
| Phone | $203.16 | $175.64 |
Merrillville SnackAbility
/10
Cost Of Living In Cities Around Merrillville
The cost of living varies in the cities and towns around Merrillville. Here's a quick look at the cost of living in the most populous nearby places:
Crown Point, IN has a cost of living index of 99, 1.0x Merrillville.
Hobart, IN has a cost of living index of 99, 1.0x Merrillville.
Schererville, IN has a cost of living index of 110, 1.1x Merrillville.
| City | Population | Cost Of Living | Vs. Merrillville |
|---|---|---|---|
| Crown Point, IN | 33,518 | 99 | 1.0x |
| Hobart, IN | 29,516 | 99 | 1.0x |
| Schererville, IN | 29,381 | 110 | 1.1x |
| Lansing, IL | 28,916 | 98 | 1.0x |
| Dolton, IL | 21,588 | 99 | 1.0x |
| South Holland, IL | 21,524 | 106 | 1.0x |
| Park Forest, IL | 21,368 | 87 | 0.9x |
| St. John, IN | 19,805 | 108 | 1.1x |
| Homewood, IL | 19,716 | 98 | 1.0x |
| Griffith, IN | 16,213 | 98 | 1.0x |
