Cost of Living in Meridian, CO
Population 5,058 · Colorado · Data vintage 2023
(100 = US avg)
Home prices in Meridian run well above the national baseline, with a median of $572,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $90,496 place the city among the better-paid Colorado metros. At 6.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Meridian is part of the immediate Centennial metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 9% lower than Centennial's $627,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Meridian
The median home value in Meridian is $571,600 — 87% above the national median of $305,000. Median rent runs $1,925/month, 46% higher than the national median of $1,314/month. The median household income of $90,496/year is 21% higher than the US median of $74,580. The local unemployment rate is 6.1%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. The climate averages highs of 63.6°F and lows of 36.7°F. Overall, Meridian has a cost of living index of 171 versus the US average of 100, meaning it is 71% more expensive.
Meridian has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 45 | 46 | 54 | 60 | 69 | 81 | 87 | 85 | 77 | 64 | 52 | 44 |
| Low °F | 19 | 20 | 27 | 34 | 43 | 52 | 59 | 57 | 49 | 36 | 26 | 19 |
| Precip" | 0.41 | 0.43 | 1.04 | 1.94 | 2.04 | 1.98 | 1.76 | 2.25 | 1.29 | 1.00 | 0.53 | 0.35 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Meridian, CO?
Meridian has a cost index of 171 (100 = national average). It is 71% above the national average.
What is average rent in Meridian, CO?
The median gross rent in Meridian is $1,925 per month based on 2023 Census data.
What is the average home price in Meridian?
The median home value in Meridian is $571,600 according to Zillow and Census data.
What is the median income in Meridian?
The median household income in Meridian is $90,496 per year (2023 ACS 5-year estimates).
What is the sales tax in Meridian, CO?
The combined state and local sales tax rate in Meridian is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Meridian, CO affordable?
Meridian is above average in cost of living, with an index of 171 — about 71% higher than the national average.
What is the weather like in Meridian?
Meridian has average high temperatures of 63.6°F and average lows of 36.7°F. Annual precipitation is 15". Data from NOAA 1991–2020 Climate Normals.
Meridian at a Glance
- Population
- 5,058
- Median Income
- $90,496
- Home Value
- $571,600
- Median Rent
- $1,925/mo
- Unemployment
- 6.1%
- Avg High Temp
- 63.6°F
- Sales Tax
- 7.8%
Nearby Cities
Explore county-level cost of living data
Colorado Rankings
Similar Cost Cities
Cities in other states with comparable housing costs