Housing costs in Meridian?
A typical home costs
$486,400, which is 43.9% more expensive than the national average of
$338,100 and 9.3% more expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Meridian costs
$1,520 per month, which is 6.3% more than the national average of
$1,430 and 26.3% more than the state average of
$1,120.
Can I afford Meridian?
To live comfortably in Meridian, Idaho, a minimum annual income of
$93,240 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Meridian?
Meridian offers residents great value for cost-effective living somewhere in Idaho with median house prices averaging right around $240K and rental costs usually hovering close by at approximately two thirds that amount accordingly - both significantly cheaper compared to most parts of the Gem State outside its largest city Boise. Food items similarly remain right on par with US levels due largely to local taxes & regulations while sales tax provisionally stands at 6%.