Cost of Living in Merced, CA
2024 data from the Bureau of Economic Analysis
Cost Index
98.3
1.7% below avg
Housing Index
78.6
Median Income
$64,772
Median Rent
$1,200/mo
Cost Breakdown
Overall98.3 (-1.7%)
Housing78.6 (-21.4%)
Goods105.2 (+5.2%)
Utilities158.3 (+58.3%)
Other Services100.3 (+0.3%)
National average = 100
Income & Housing
Median Household Income
$64,772/year
Median Home Value
$342,300
Median Monthly Rent
$1,200/mo
Per Capita Income
$26,869/year
Compare Merced, CA With
Frequently Asked Questions
Is Merced, CA expensive to live in?
Merced, CA has a cost of living index of 98.3, which is 1.7% below the national average.
How much does housing cost in Merced, CA?
Housing costs in Merced, CA are indexed at 78.6 compared to the national average of 100. The median monthly rent is $1,200.
What is the average income in Merced, CA?
The median household income in Merced, CA is $64,772 per year.
What is the average home price in Merced, CA?
The median home value in Merced, CA is $342,300.