Housing costs in Merom?
A typical home costs
$113,400, which is 66.5% less expensive than the national average of
$338,100 and 48.8% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Merom costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 21.0% cheaper than the state average of
$980.
Can I afford Merom?
To live comfortably in Merom, Indiana, a minimum annual income of
$21,600 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Merom?
The cost of living in Merom, IN is relatively low. According to the most recent study from BestPlaces, the overall cost of living index score for the area is 76, which is 6% lower than the US average. Goods and services in Merom tend to be priced lower than in larger cities in Indiana and nationally. Groceries are especially affordable with a score of 81 on the cost of living index. In addition, housing costs are also quite reasonable for the area with an index score of 75. This makes Merom a great option for those looking to enjoy all that life has to offer while still staying within their budget.