Cost of Living in Meridian, ID
Meridian has a cost of living index of 105 (100 = national average), making it close to the national average. The median household income is $75,836 and the median home price is $460,000.
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Meridian at a Glance
Population
130,307
Cost of Living Index
105
Median Income
$75,836
Median Home Price
$460,000
Property Tax Rate
0.59%
Sales Tax Rate
6.00%
Rent Index
105
State
Idaho
Living in Meridian
Meridian has a cost of living slightly above the national average. While housing at $460,000 is a significant expense, the area offers a balance between cost and quality of life.
The combined sales tax rate in Meridian is 6.00%, and the effective property tax rate is 0.59%. Property taxes are relatively low compared to the national average.