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Cost of Living in Merriam, IN

Population: 309 | Indiana

83
Cost of Living Index
US Average = 100

Merriam is 17% less expensive than the national average.

100
Housing
41
Home Values
93
Regional Price

Cost of Living in Merriam, IN: What You Need to Know

With a cost of living index of 83, Merriam, IN is a very affordable place to live. Living here is 17% cheaper than the national average and 5% above the Indiana state average of 78. Merriam is a small community of 309 residents.

The median household income in Merriam is $44,444, which is 41% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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
$44,444
vs US Median ($75,149)
-41%

Housing

Median Home Value
$123,800
Median Monthly Housing Cost
$780/mo
→ Best Places to Live in Indiana (2026)

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