Housing costs in Hayden Lake?
A typical home costs
$878,000, which is 159.7% more expensive than the national average of
$338,100 and 97.3% more expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Hayden Lake costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 19.4% more than the state average of
$1,120.
Can I afford Hayden Lake?
To live comfortably in Hayden Lake, Idaho, a minimum annual income of
$168,120 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Hayden Lake?
The cost of living in Hayden Lake, ID is quite reasonable compared to many other cities. According to Sperling's Best Places, the cost of living index for this city is 85.9, which is about 15 points lower than the national average. This means that the overall cost of living in Hayden Lake is more affordable than other places in the United States. In addition, the median home price in this area is $286,000, which is significantly lower than the median list prices for other cities and states in America. Furthermore, with an average rental rate of $1,100 per month, renting an apartment or house in Hayden Lake isn't as expensive as it may be elsewhere. All of these factors contribute to a relatively low cost of living when compared to other locations across the country.