Merrillville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMerrillvilleIndianaNational
Cost of living index9988100
IndexMerrillvilleIndianaNational
Goods & Services index10695100
Groceries index10892100
Health care index10095100
Housing index8173100
Transportation index11293100
Utilities index10493100
Displayed above is a general overview of the Merrillville, IN cost of living index. The overall cost of living index in Merrillville, IN is 99, which is 13% higher than the Indiana average and 1% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Merrillville, IN are 12% higher than the Indiana average and 6% higher than the national average.

Did you know?

  • The cost of living in Merrillville is 13% higher than the Indiana average.
  • The cost of living in Merrillville is 1% lower than the national average.
  • The cost of housing in Merrillville is 19% lower than the national average.
  • Indiana general sales tax is 37% higher than the national average.
  • Indiana state income tax is 48% higher than the national average.

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Compare Merrillville, IN Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Merrillville, IN to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Merrillville, IN, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Merrillville, IN salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$61,551$5,129$1,436$1,847
Renters$30,288$2,524$707$909
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Merrillville, IN, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Merrillville, IN homeowners have a median income of $61,551. Using that number, you will come up with a maximum of $1,436 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $30,288, which means there is a maximum of $707 to be spent on the costs of renting a home or apartment.

Indiana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Indiana7%7%

Indiana Income Tax

StateIncome Tax (Low)Income Tax (High)
Indiana3.3%3.3%
When considering the overall cost of living expenses in Merrillville, IN, it's important to take into account the sales tax for Indiana, as well as the rate for income tax in Indiana. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Indiana is 7%, and the sales tax in the state of Indiana is 7%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Indiana starts from 3.3% and goes up to 3.3%.

Goods & Services

ItemMerrillvilleNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $45.00$34.6829.8%
Toothpaste $2.34$2.475.4%
Shampoo $0.99$1.023.1%
Movie $13.75$9.8739.3%
Bowling $5.00$4.3913.9%

Groceries

ItemMerrillvilleNational avg.Difference
Ground Beef $5.37$4.4820.0%
Fried Chicken $1.42$1.463.0%
Milk $1.74$2.3626.2%
Potatoes $2.50$3.0618.3%
Pizza $10.99$9.2418.9%
Beer $14.25$8.6365.1%

Health Care

ItemMerrillvilleNational avg.Difference
Optometrist $95.00$99.784.8%
Doctor $100.00$105.034.8%
Dentist $100.00$88.7012.7%
Ibuprofen $9.24$9.411.8%
Lipitor $262.00$298.5012.2%

Housing

ItemMerrillvilleNational avg.Difference
Home Price $127,600.00$175,700.0027.4%
Avg. Mortgage Payment $1,500.61$1,081.0338.8%
Apartment Rent $929.00$920.001.0%

Transportation

ItemMerrillvilleNational avg.Difference
Gasoline $2.29$2.099.5%
Tire Balancing $53.31$45.2917.7%

Utilities

ItemMerrillvilleNational avg.Difference
All Electricity$173.99$170.801.9%
Phone $30.05$28.266.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Gary, IN79,16589-11%
Ford Heights, IL2,77786-14%
East Chicago, IN29,38791-9%
Lake Station, IN12,36991-9%
New Chicago, IN1,95493-7%
Merrillville, IN35,26299-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
University City, MO35,2261033%
Columbia, TN35,20789-11%
San Juan, TX35,18370-30%
Hobbs, NM35,34389-11%
Tupelo, MS35,34583-17%
Merrillville, IN35,26299-1%
Source: The Merrillville, IN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.