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Lebanon, IN vs Merrillville, IN

75
Lebanon
Indiana
VS
-17.8%
91
Merrillville
Indiana

There is a significant gap in the cost of living between these two cities. Lebanon is 17.8% cheaper than Merrillville. With a cost index of 75 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lebanon to Merrillville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lebanon is $900/month compared to $1,304/month in Merrillville — a 31% difference. Home values follow the same pattern: Lebanon is more affordable at $179,200 median vs $194,000.

Median household income in Lebanon is $63,773 compared to $64,791 in Merrillville (-1.6%). Merrillville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lebanon spend roughly 16.9% of their income on rent, less than the 24.2% in Merrillville.

Income & Cost

Cost of Living Index
Lebanon
75
18% cheaper
Merrillville
91
Median Household Income
Lebanon
$63,773
Merrillville
$64,791
2% higher

Housing

Median Rent
Lebanon
$900
31% cheaper
Merrillville
$1,304
Median Home Value
Lebanon
$179,200
8% cheaper
Merrillville
$194,000
Population
Lebanon
17,575
Merrillville
36,343

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lebanon $2.91
Merrillville $3.20
US $3.07
🥚
Eggs (grade A, large)
Lebanon $2.37
Merrillville $2.61
US $2.50
🥛
Milk (whole)
Lebanon $3.82
Merrillville $4.20
US $4.03
🍞
Bread (white)
Lebanon $1.75
Merrillville $1.93
US $1.85
🍗
Chicken breast
Lebanon $3.93
Merrillville $4.32
US $4.14
Electricity
Lebanon $0.16
Merrillville $0.15
US $0.19