Housing costs in Meridian?
A typical home costs
$517,100, which is 52.9% more expensive than the national average of
$338,100 and 16.2% more expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Meridian costs
$1,360 per month, which is 21.4% more than the national average of
$1,120 and 4.4% more than the state average of
$1,300.
Can I afford Meridian?
To live comfortably in Meridian (zip 83642), Idaho, a minimum annual income of
$99,000 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Meridian?
83642 Meridian, ID is known for its affordable cost of living. The 2018 median home value in this area was $249,737, and the median rent was $1,310. Groceries and other essentials are also relatively low cost due to the fact that Idaho has no state sales tax. Utilities such as electricity and water are also reasonably priced (about $112 per month on average). In short, 83642 Meridian, ID is an excellent place to live for anyone looking for a cost-effective option.