Housing costs in Bancroft?
A typical home costs
$129,800, which is 61.6% less expensive than the national average of
$338,100 and 70.8% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Bancroft costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 20.4% cheaper than the state average of
$1,120.
Can I afford Bancroft?
To live comfortably in Bancroft, Idaho, a minimum annual income of
$24,840 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Bancroft?
The cost of living in Bancroft, ID is relatively low compared to other areas of the country. The median home value is around $75,000, while the average rent for a two bedroom apartment is only $540 per month. Prices for food and basic necessities are also very reasonable. Additionally, there are no state income or sales taxes in Idaho which helps to keep the cost of living down. All in all, Bancroft is an affordable place to live and offers a lot of opportunities for those looking for a great quality of life at an affordable price.