Cost of Living in North Merrick, NY

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

Cost of Living Overview

Overall Index

250.7

100 = national avg

+150.7 vs national average

Living Wage (1 Adult)

$110,324

per year

Living Wage (Family of 4)

$260,767

per year

Cost Index by Category

Housing
340.8
Food
169.3
Transportation
238.5
Healthcare
155.4
Utilities
189.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,379

per month

2 Bedroom

$2,747

per month

The overall cost of living index in North Merrick is 250.7, which is 150.7% above the national average. Housing costs are above the national average at an index of 340.8. A single adult needs to earn approximately $110,324 per year to cover basic expenses.