Cost of Living in Meridian Hills, IN
Population: 1,708 | Indiana
Meridian Hills is 25% more expensive than the national average.
Cost of Living in Meridian Hills, IN: What You Need to Know
With a cost of living index of 125, Meridian Hills, IN is a notably expensive place to live. Living here is 25% more expensive than the national average and 47% above the Indiana state average of 78. Meridian Hills is a small community of 1,708 residents.
The median household income in Meridian Hills is $205,982, which is 174% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.
Everyday prices in the Indianapolis-Carmel-Greenwood, IN (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $205,982
- vs US Median ($75,149)
- +174%
Housing
- Median Home Value
- $637,800
- Median Monthly Housing Cost
- $2,256/mo
Everyday Prices in Meridian Hills
BLS Average Prices for the Indianapolis-Carmel-Greenwood, IN (Metropolitan Statistical Area) area