salaryRent here is among the highest 10% in the country. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 3.9 years of household income. Commutes are long, about 38.5 minutes each way. Most homes (96.6%) are owned, so rentals can be hard to find. It is a highly educated city: 64.4% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $128,840 a year. That is $62 an hour at a full-time job.
Is rent cheaper than other New York cities?
No. Rent here is more expensive than in most of New York. It is number 295 of 343 cities from cheapest to most expensive.
How much do households earn in Merrick?
Share of households by yearly income. 65.0% of households earn $100,000 or more.
Rent by apartment size in Merrick
| Size | Merrick | U.S. average |
|---|---|---|
| 2 bedrooms | $2,483 | $1,509 |
| 3 bedrooms | $3,191 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Merrick overall?
Everyday prices in New York overall are 8% above the U.S. average (index 107.9, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Merrick, so the New York figure is shown.
Taxes and bills in Merrick
Life in Merrick
Is it cheaper to rent or buy in Merrick?
Renting is cheaper right now: about $2,135 a month less.
Owning assumes a typical $771,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $77,190 for the down payment.
Frequently asked questions
What is the average rent in Merrick, NY?
Renting in Merrick costs a median of about $3,221 a month in 2026, including utilities. The New York median is $2,177.
How much do I need to make to live in Merrick?
To keep rent under 30% of income, you need about $128,840 a year, or $62 an hour at a full-time job.
Is Merrick cheap or expensive?
Merrick is rated Cheap: rent takes 19.3% of the typical household income of $200,321. It ranks 295th cheapest of 343 New York cities we track.
How much are property taxes in Merrick?
The median homeowner in Merrick pays $10,000+ a year in property taxes, about 1.30% of the median home value.
Is Merrick more expensive than the national average?
Overall prices in New York are 8% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Merrick?
The median home value in Merrick is $771,900, about 3.9 times the typical yearly household income.
21,744 people live in Merrick. Numbers are typical (middle) values.