Housing costs in Basalt?
A typical home costs
$275,300, which is 18.6% less expensive than the national average of
$338,100 and 38.1% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Basalt costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 34.9% cheaper than the state average of
$1,120.
Can I afford Basalt?
To live comfortably in Basalt, Idaho, a minimum annual income of
$52,920 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Basalt?
The cost of living in Basalt, ID is quite affordable compared to the national average. According to BestPlaces, the cost of living index for Basalt is 88.2, which is 11.8 points below the US average of 100. This means that essential goods and services will cost about 11.8% less compared to other parts of the country. Additionally, housing costs in Basalt are significantly lower than the national average; rent prices are around 11% cheaper than most cities across America, making it an ideal place to move for those looking for a more affordable way of life.