Cost of Living in Merrillville, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.2
100 = national avg
+8.2 vs national average
Living Wage (1 Adult)
$47,622
per year
Living Wage (Family of 4)
$112,561
per year
Cost Index by Category
Housing123.4
Food99.5
Transportation99.0
Healthcare99.6
Utilities104.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,082
per month
2 Bedroom
$1,317
per month
The overall cost of living index in Merrillville is 108.2, which is 8.2% above the national average. Housing costs are above the national average at an index of 123.4. A single adult needs to earn approximately $47,622 per year to cover basic expenses.