Meridian 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.
Cost of living index9894100
Goods & Services index9396100
Groceries index9090100
Health care index10399100
Housing index10888100
Transportation index108109100
Utilities index8694100
An overview of the general cost of living index for Meridian, ID is displayed above for your reference. Residents in Meridian, ID enjoy a cost of living index of 98. This index is 5% higher than the Idaho average, and 2% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Meridian, ID, the average cost of goods and services is 2% lower than it is in Idaho, and it is 7% lower than the national average.

Did you know?

  • The cost of living in Meridian is 5% higher than the Idaho average.
  • The cost of living in Meridian is 2% lower than the national average.
  • The cost of housing in Meridian is 8% higher than the national average.
  • Idaho general sales tax is 18% higher than the national average.
  • Idaho state income tax is 28% lower than the national average.

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Compare Meridian, ID Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current income in Meridian, ID 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 Meridian, ID, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Meridian, ID 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)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Meridian, ID, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Meridian, ID, the median monthly income is $71,834 for those who own their own homes. Under the standard rule, that income level would allow for $1,676 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $37,327, per the median income in the area. That would allow for renters to spend up to $871 on monthly rental expenses.

Idaho Sales Tax

StateGeneral Sales TaxWith Max Surtax

Idaho Income Tax

StateIncome Tax (Low)Income Tax (High)
The Idaho sales tax and Idaho income tax rates should definitely be considered when determining the overall cost of living in Meridian, ID. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Idaho sales tax is 6% and the maximum surtax is 8.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Idaho income tax rates range from 1.6% to 7.4%.

Goods & Services

ItemMeridianNational avg.Difference
Haircut $14.60$16.099.2%
Beauty Salon $27.62$37.3326.0%
Toothpaste $2.45$2.450.1%
Shampoo $0.96$1.003.7%
Movie $10.30$10.280.2%
Bowling $3.86$4.9321.7%


ItemMeridianNational avg.Difference
Ground Beef $3.88$3.801.9%
Fried Chicken $1.27$1.409.3%
Milk $1.34$2.0133.3%
Potatoes $1.28$3.0157.5%
Pizza $9.16$9.897.4%
Beer $8.41$8.905.5%

Health Care

ItemMeridianNational avg.Difference
Optometrist $111.38$102.169.0%
Doctor $127.33$108.3617.5%
Dentist $86.44$92.536.6%
Ibuprofen $9.72$9.284.8%
Lipitor $419.27$425.821.5%


ItemMeridianNational avg.Difference
Home Price $199,100.00$184,700.007.8%
Avg. Mortgage Payment $1,084.31$1,202.449.8%
Apartment Rent $1,020.00$949.007.5%


ItemMeridianNational avg.Difference
Gasoline $2.35$2.244.8%
Tire Balancing $52.48$46.2913.4%


ItemMeridianNational avg.Difference
All Electricity$144.50$165.9612.9%
Phone $24.32$28.6815.2%
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.
Caldwell, ID50,28886-14%
Nampa, ID87,89687-13%
Middleton, ID6,41689-11%
Kuna, ID17,01592-8%
Garden City, ID11,42395-5%
Meridian, ID88,24798-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Newton, MA88,31719393%
Waukegan, IL88,1591000%
Edmond, OK88,34296-4%
San Tan Valley, AZ88,50796-4%
Toms River, NJ88,53712121%
Meridian, ID88,24798-2%
Source: The Meridian, ID cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.