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Caldwell, ID vs Meridian, ID

94
Caldwell
Idaho
VS
-24.8%
125
Meridian
Idaho

There is a significant gap in the cost of living between these two cities. Caldwell is 24.8% cheaper than Meridian. With a cost index of 94 vs 125, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Caldwell to Meridian should plan for substantially higher expenses across most categories.

On the housing front, median rent in Caldwell is $1,135/month compared to $1,714/month in Meridian — a 34% difference. Home values follow the same pattern: Caldwell is more affordable at $322,100 median vs $485,000.

Median household income in Caldwell is $66,663 compared to $98,686 in Meridian (-32.4%). While Meridian is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Caldwell spend roughly 20.4% of their income on rent, less than the 20.8% in Meridian.

Income & Cost

Cost of Living Index
Caldwell
94
25% cheaper
Meridian
125
Median Household Income
Caldwell
$66,663
Meridian
$98,686
32% higher

Housing

Median Rent
Caldwell
$1,135
34% cheaper
Meridian
$1,714
Median Home Value
Caldwell
$322,100
34% cheaper
Meridian
$485,000
Population
Caldwell
63,465
Meridian
124,865

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Caldwell $2.94
Meridian $2.94
US $3.07
🥚
Eggs (grade A, large)
Caldwell $2.40
Meridian $2.40
US $2.50
🥛
Milk (whole)
Caldwell $3.86
Meridian $3.86
US $4.03
🍞
Bread (white)
Caldwell $1.77
Meridian $1.77
US $1.85
🍗
Chicken breast
Caldwell $3.97
Meridian $3.97
US $4.14
Electricity
Caldwell $0.13
Meridian $0.13
US $0.19