Cost of Living in Meridian Hills, IN

Get 300+ Local Insights for Any Address in Meridian Hills, IN

Get Access to 300+ Local Data Points
F
46%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
168%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Meridian Hills Indiana National
Cost of living14689100
Groceries9697100
Health care9897100
Housing26872100
Transportation9296100
Utilities9396100
Lifestyle & Entertainment9095100
Household Items9598100
Education & Childcare9194100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Meridian Hills, IN

property for sale

7285 N Illinois St

Indianapolis, IN
property for sale

7953 Spring Mill Rd

Indianapolis, IN
property for sale

7440 N Illinois St

Indianapolis, IN
property for sale

7548 Morningside Dr

Indianapolis, IN

Cost Of Living Quick Facts

  • The cost of living in Meridian Hills is 64% higher than the Indiana average
  • The cost of living in Meridian Hills is 46% higher than the national average
  • Meridian Hills housing is 168% higher than the national average
  • Indiana general sales tax is 37% higher than the national average
  • Indiana state income tax is 21% higher than the national average

Most Affordable Places to Live in and Around Meridian Hills

See all the best places to live around Meridian Hills

Compare Meridian Hills, IN Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Meridian Hills?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Meridian Hills?
      Write a review to give others more information about this area.
      See all Meridian Hills poll results

      The best places in Indiana

      Here are the best places to live in IndianaMost Dangerous States In The USSafest States In The USThese are the 10 cheapest cities in Indiana
      Best Places in Indiana

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$243,616$20,301$5,684$7,309
      Renters$307,544$25,629$7,176$9,227

      Indiana Sales Tax

      State General Sales Tax With Max Surtax
      Indiana 7% 7%

      Indiana Income Tax

      State Income Tax (Low) Income Tax (High)
      Indiana 3.15% 3.15%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Beech Grove, IN15,6798811.7%
      Clermont, IN1,413909.8%
      Speedway, IN12,709928.1%
      Warren Park, IN1,526937.2%
      Indianapolis, IN899,521936.6%
      Meridian Hills, IN1,74614646.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rawls Springs, MS1,7468119.2%
      McComb, OH1,7468812.4%
      Ashland, AL1,7458910.8%
      Coaling, AL1,747964.2%
      Southport, CT1,74718887.7%
      Meridian Hills, IN1,74614646.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026