Cost of Living in Meridian Hills, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
264.2
100 = national avg
+164.2 vs national average
Living Wage (1 Adult)
$116,245
per year
Living Wage (Family of 4)
$274,762
per year
Cost Index by Category
Housing352.2
Food200.0
Transportation167.3
Healthcare186.0
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,267
per month
2 Bedroom
$1,473
per month
The overall cost of living index in Meridian Hills is 264.2, which is 164.2% above the national average. Housing costs are above the national average at an index of 352.2. A single adult needs to earn approximately $116,245 per year to cover basic expenses.