Cost of Living in Merino, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
99.3
100 = national avg
-0.7 vs national average
Living Wage (1 Adult)
$43,678
per year
Living Wage (Family of 4)
$103,240
per year
Cost Index by Category
Housing102.2
Food98.2
Transportation96.5
Healthcare98.6
Utilities99.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$839
per month
2 Bedroom
$1,101
per month
The overall cost of living index in Merino is 99.3, which is 0.7% below the national average. Housing costs are above the national average at an index of 102.2. A single adult needs to earn approximately $43,678 per year to cover basic expenses.