States › Indiana › Merrillville

Is Merrillville, IN expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,29726% lower than U.S. average
💵 Families earn per year (2026)$72,893about $6,074/month · 16% lower than U.S. average
🔑 House price$211,40036% lower than U.S. average

Rent is lower than in 69% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 32.1 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $51,880 a year. That is $25 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

No. Rent here is more expensive than in most of Indiana. It is number 80 of 132 cities from cheapest to most expensive.

Merrillville
$1,297
$1,254
$1,177

How much do households earn in Merrillville?

Under $25k
14.5%
$25k–50k
24.1%
$50k–100k
33.7%
$100k–150k
13.2%
$150k+
7.5%

Share of households by yearly income. 20.7% of households earn $100,000 or more.

Rent by apartment size in Merrillville

SizeMerrillvilleU.S. average
Studio$1,333$1,338
1 bedroom$1,117$1,324
2 bedrooms$1,646$1,509
3 bedrooms$1,569$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Merrillville overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Merrillville, so the Indiana figure is shown.

Taxes and bills in Merrillville

🏛️ Property tax$1,805a year · 0.85% of home value · U.S. $3,119
⚡ Electric bill$191a month (typical) · U.S. $156

Life in Merrillville

Commute to work32.1 minU.S.: 26.4 min
College degree26.1%U.S.: 35.7%
Own their home70.5%U.S.: 65.2%
Below poverty line12.6%U.S.: 12.5%
Unemployment7.5%U.S.: 5.2%

Is it cheaper to rent or buy in Merrillville?

Renting is cheaper right now: about $170 a month less.

Renting
$1,297
Owning
$1,467

Owning assumes a typical $211,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,140 for the down payment.

Frequently asked questions

What is the average rent in Merrillville, IN?

Renting in Merrillville costs a median of about $1,297 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Merrillville?

To keep rent under 30% of income, you need about $51,880 a year, or $25 an hour at a full-time job.

Is Merrillville cheap or expensive?

Merrillville is rated OK: rent takes 21.4% of the typical household income of $72,893. It ranks 80th cheapest of 132 Indiana cities we track.

How much are property taxes in Merrillville?

The median homeowner in Merrillville pays $1,805 a year in property taxes, about 0.85% of the median home value.

Is Merrillville more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Merrillville?

The median home value in Merrillville is $211,400, about 2.9 times the typical yearly household income.

36,476 people live in Merrillville. Numbers are typical (middle) values.