Merrick, NY, has a higher cost of living compared to the nationwide average. The overall cost of living index in Merrick is 125, which is 25% higher than the national average of 100. This increase is largely driven by higher housing costs, which stand at 152, reflecting a 52% increase over the average.
Merrick, NY, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Merrick are notably higher, with an index of 152. This means housing expenses are 52% more than the national average. For job seekers considering Merrick, this significant increase in housing costs is a crucial factor to weigh in their relocation plans.
Other areas also show Merrick's cost of living above the national average. Groceries have an index of 120, indicating a 20% increase over the average. Utilities are at 110, which is 10% higher. Transportation costs are 15% higher, with an index of 115. Healthcare costs are slightly below the average at 105, meaning they are 5% lower. Miscellaneous expenses, with an index of 125, show a 25% increase. These figures highlight Merrick's overall higher cost of living, especially in key areas like housing and groceries.
