Housing costs in Meridian?
A typical home costs
$485,900, which is 43.7% more expensive than the national average of
$338,100 and 9.2% more expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Meridian costs
$1,590 per month, which is 42.0% more than the national average of
$1,120 and 18.2% more than the state average of
$1,300.
Can I afford Meridian?
To live comfortably in Meridian (zip 83646), Idaho, a minimum annual income of
$93,240 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Meridian?
The cost of living in 83646 Meridian, ID is quite reasonable. The median home price in Meridian is $262,000, which is much lower than the national average of nearly $300,000. In addition, the cost of utilities, groceries and other expenses are also low compared to other cities in the state. The sales tax rate for Meridian is 6%, which is less than the state average of 6.5%. Furthermore, the overall cost of living index in Meridian is 88.9 (US average: 100), making it a great place to live without breaking the bank.