Cost of Living in Merrick, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
255.6
100 = national avg
+155.6 vs national average
Living Wage (1 Adult)
$112,452
per year
Living Wage (Family of 4)
$265,796
per year
Cost Index by Category
Housing345.2
Food187.1
Transportation190.5
Healthcare169.7
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,379
per month
2 Bedroom
$2,747
per month
The overall cost of living index in Merrick is 255.6, which is 155.6% above the national average. Housing costs are above the national average at an index of 345.2. A single adult needs to earn approximately $112,452 per year to cover basic expenses.