Housing costs in Ketchum?
A typical home costs
$1,249,300, which is 269.5% more expensive than the national average of
$338,100 and 180.7% more expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Ketchum costs
$1,820 per month, which is 27.3% more than the national average of
$1,430 and 38.5% more than the state average of
$1,120.
Can I afford Ketchum?
To live comfortably in Ketchum, Idaho, a minimum annual income of
$239,400 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Ketchum?
Ketchum, ID is known for its high cost of living. The median home price in Ketchum is around $600,000, which is much higher than the national average. Rent prices are also much higher than the national average and can range anywhere from $1,500 to $3,000 per month depending on the size and location of the rental. In addition to rent and mortgage costs, other daily living expenses such as groceries, utilities, fuel and transportation can add up quickly. Despite these high costs of living, many residents find that Ketchum's natural beauty and small-town atmosphere make it well worth the price.