Cost of Living in Merrydale, LA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

86.2

100 = national avg

-13.8 vs national average

Living Wage (1 Adult)

$37,909

per year

Living Wage (Family of 4)

$89,603

per year

Cost Index by Category

Housing
105.7
Food
82.1
Transportation
64.2
Healthcare
85.7
Utilities
90.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,064

per month

2 Bedroom

$1,204

per month

The overall cost of living index in Merrydale is 86.2, which is 13.8% below the national average. Housing costs are above the national average at an index of 105.7. A single adult needs to earn approximately $37,909 per year to cover basic expenses.