salaryRent is higher than in 76% of U.S. cities. A typical house costs about 6.0 years of household income. Commutes are short, about 19.2 minutes. Most households rent (86%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $87,400 a year. That is $42 an hour at a full-time job.
Is rent cheaper than other Colorado cities?
No. Rent here is more expensive than in most of Colorado. It is number 65 of 112 cities from cheapest to most expensive.
How much do households earn in Meridian?
Share of households by yearly income. 31.7% of households earn $100,000 or more.
Rent by apartment size in Meridian
| Size | Meridian | U.S. average |
|---|---|---|
| Studio | $1,928 | $1,338 |
| 1 bedroom | $1,985 | $1,324 |
| 2 bedrooms | $2,399 | $1,509 |
| 3 bedrooms | $2,361 | $1,698 |
| 4 bedrooms | $2,651 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Meridian overall?
Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Meridian, so the Colorado figure is shown.
Taxes and bills in Meridian
Life in Meridian
Is it cheaper to rent or buy in Meridian?
Renting is cheaper right now: about $1,847 a month less.
Owning assumes a typical $581,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $58,110 for the down payment.
Frequently asked questions
What is the average rent in Meridian, CO?
Renting in Meridian costs a median of about $2,185 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Meridian?
To keep rent under 30% of income, you need about $87,400 a year, or $42 an hour at a full-time job.
Is Meridian cheap or expensive?
Meridian is rated OK: rent takes 27.0% of the typical household income of $96,932. It ranks 65th cheapest of 112 Colorado cities we track.
How much are property taxes in Meridian?
The median homeowner in Meridian pays $3,351 a year in property taxes, about 0.58% of the median home value.
Is Meridian more expensive than the national average?
Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Meridian?
The median home value in Meridian is $581,100, about 6.0 times the typical yearly household income.
5,634 people live in Meridian. Numbers are typical (middle) values.