City Dashboard
Merrillville, IN
Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED
Cost Index
62
Very Affordable
Median Home Value
$194,000
National: $426,735
Median Rent
$1,304/mo
National: $1,527/mo
Household Income
$64,791
National: $84,532
Population
36,343
Purchasing Power
124
100 = national baseline
Cost of Living Breakdown
Housing Cost Index
45 / 100
100 = national average
Rent Index
85 / 100
Overall Index
62
Very Affordable
Merrillville Mortgage Calculator
Pre-filled with the local median home value of $194,000 and Indiana's property tax rate of 0.83%.
Salary & Purchasing Power
Median household income is $64,791 — 23% below the national average.
What $64,791 in Merrillville Gets You Elsewhere
Property Tax in Merrillville, IN
Est. Annual Property Tax
$1,610
Monthly Impact
$134
Added to your mortgage
Effective Rate
0.83%
National avg: ~1.00%
Indiana Tax Overview
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Merrillville, IN
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Cost Index Comparison (100 = National Avg)
Housing CostsNational Avg: 100
Rent Prices
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
- Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
- Tax Rates: Tax Foundation State & Local Tax Data, 2024
- Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR