Cost of Living in Merced, CA

Population 89,766 · California · Data vintage 2023

108
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Merced cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $348,000, rents near $1,293 a month. At 12.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Merced is about 35 miles southeast of Modesto, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 16% lower than Modesto's $416,000.

Cost Overview

Housing 114
Rent 98

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Merced

The median home value in Merced is $347,700 — 14% above the national median of $305,000. Median rent runs $1,293/month, 2% lower than the national median of $1,314/month. The median household income of $59,938/year is 20% lower than the US median of $74,580. The local unemployment rate is 12.3%, above the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. The climate averages highs of 76.4°F and lows of 48.2°F. Overall, Merced has a cost of living index of 108 versus the US average of 100, meaning it is 8% more expensive.

🏠 Housing

Median Home Value
$347,700
14% above avg
Zillow Home Value
$393,169
Zillow ZHVI
Median Rent
$1,293/mo
2% below avg
Zillow Rent
$1,828/mo
Zillow ZORI
Price-to-Rent Ratio
22.4x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,195
1 BR
$1,241
2 BR
$1,544
3 BR
$2,163
4 BR
$2,556
Owner-occupied 44.4%
Renter-occupied 55.6%

💰 Estimated Monthly Budget

Rent median rent
$1,293
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,907/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.9 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.9%

Commute Mode

Drove alone
75.4%
Carpooled
7.4%
Public transit
0.8%
Walked
1.7%
Bicycle
0.6%
Work from home
7.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 13.3%
Total Sales Tax 8.7%
State rate 7.3%
Avg local rate 1.4%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$59,938
20% below avg
Per Capita Income
$26,140
Unemployment Rate
12.3%
155% above avg
Poverty Rate
23.0%
Labor Force Participation
61.8%

🎓 Education

Bachelor's degree+ 11.7%
Graduate degree 6.3%

👥 Demographics

Median Age 29.8
Male median age 29.1
Female median age 30.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
76.4°F
Avg Low
48.2°F
Annual Precip
11.8"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 566268748391969591806656
Low °F 373942455258626157494136
Precip" 2.372.201.821.120.550.120.000.000.050.641.021.91

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
46.8%
Good air days/yr
129
Max AQI recorded
131
PM2.5 days
220
Ozone days

Frequently Asked Questions

What is the cost of living in Merced, CA?

Merced has a cost index of 108 (100 = national average). It is 8% above the national average.

What is average rent in Merced, CA?

The median gross rent in Merced is $1,293 per month based on 2023 Census data.

What is the average home price in Merced?

The median home value in Merced is $347,700 according to Zillow and Census data.

What is the median income in Merced?

The median household income in Merced is $59,938 per year (2023 ACS 5-year estimates).

What is the sales tax in Merced, CA?

The combined state and local sales tax rate in Merced is 8.7%. The California state income tax top rate is 13.3%.

Is Merced, CA affordable?

Merced is near the national average in terms of cost of living, with an index of 108 (100 = US average).

What is the weather like in Merced?

Merced has average high temperatures of 76.4°F and average lows of 48.2°F. Annual precipitation is 11.8". Data from NOAA 1991–2020 Climate Normals.

Merced at a Glance

Population
89,766
Median Income
$59,938
Home Value
$347,700
Median Rent
$1,293/mo
Unemployment
12.3%
Avg High Temp
76.4°F
Sales Tax
8.7%
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