| Index | Merrill | Iowa | National |
| Cost of living | 88 | 89 | 100 |
| Groceries | 96 | 97 | 100 |
| Health care | 98 | 96 | 100 |
| Housing | 71 | 74 | 100 |
| Transportation | 98 | 97 | 100 |
| Utilities | 91 | 95 | 100 |
| Lifestyle & Entertainment | 92 | 95 | 100 |
| Household Items | 96 | 97 | 100 |
| Education & Childcare | 96 | 94 | 100 |

| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $108,199 | $9,017 | $2,524 | $3,246 |
| Renters | $49,060 | $4,088 | $1,145 | $1,472 |
| State | General Sales Tax | With Max Surtax |
| Iowa | 6% | 7% |
| State | Income Tax (Low) | Income Tax (High) |
| Iowa | 4.4% | 6% |
| City | Population | Cost of Living Index | National Avg. |
| Craig, IA | 43 | 83 | 17.4% |
| Struble, IA | 99 | 83 | 17.1% |
| Brunsville, IA | 144 | 83 | 16.6% |
| Kingsley, IA | 1,495 | 87 | 13.3% |
| Chatsworth, IA | 58 | 87 | 12.6% |
| Merrill, IA | 1,056 | 88 | 11.6% |
| City | Population | Cost of Living Index | National Avg. |
| New Franklin, MO | 1,056 | 82 | 18.3% |
| Luckey, OH | 1,056 | 88 | 11.7% |
| Perth, NB | 1,056 | n/a | |
| Saint-Benjamin, QC | 1,056 | n/a | |
| Primghar, IA | 1,057 | 82 | 17.6% |
| Merrill, IA | 1,056 | 88 | 11.6% |