Merrillville, IN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
101
Merrillville's Overall Cost Of Living
1.0x
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:

108 out of 124
In Indiana
3,263 out of 6,412
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
For more reading on cost of living around Indiana, check out:
Merrillville Cost of Living Vs. IN

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
Search Homes For Sale In Merrillville, IN
$151,800
Median Home Value
$1,135
Median Rent
$61,230
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

8
/10
Overall SnackAbility
Jobs
6/10
Housing
8
Affordability
8
Diversity
9.5
Safety
8
Amenities
8
Education
7
Commute
5

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

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