Cost of Living in Merriam, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.3
100 = national avg
-25.7 vs national average
Living Wage (1 Adult)
$32,674
per year
Living Wage (Family of 4)
$77,230
per year
Cost Index by Category
Housing60.9
Food84.0
Transportation88.0
Healthcare87.2
Utilities82.6
100 = national average. Higher = more expensive.
The overall cost of living index in Merriam is 74.3, which is 25.7% below the national average. Housing costs are below the national average at an index of 60.9. A single adult needs to earn approximately $32,674 per year to cover basic expenses.