Elk River, ID Cost of Living


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United States / Idaho / No Metro Area / Clearwater County / Elk River / Zip Codes

Elk River cost of living score
85.6
Less expensive
14.4% lower
than the US average
18.9% lower
than the Idaho average
Elk River, Idaho gets a BestPlaces Cost of Living score of 85.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.4% lower than the U.S. average and 18.9% lower than the average for Idaho.

Elk River, ID

Housing costs in Elk River?
A typical home costs $185,900, which is 45.0% less expensive than the national average of $338,100 and 58.2% less expensive than the average Idaho home, at $445,000. Renting a two-bedroom unit in Elk River costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 23.1% cheaper than the state average of $1,120.

Can I afford Elk River?
To live comfortably in Elk River, Idaho, a minimum annual income of $35,640 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Elk River?
The cost of living in Elk River, ID is relatively low compared to other parts of the country. The median home value is $157,500 which is much lower than the national average. The median household income is also well below the national average at $47,902. Groceries, housing costs, and transportation are all relatively affordable in Elk River. Overall, the cost of living in the town can be considered very reasonable for those looking for an affordable place to live.
   Cost of living score
     CategoriesElk RiverIdahoUnited States
  85.6105.5100.0
  9694.4100
  108.9104.5100.0
  46.2136.8100.0
  $185,900$445,000$338,100
  84.5%89.3%100.0%
  86.481.6100.0
  69.479.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Elk River
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Over 14 years ago

Elk River is one of the best places I have ever seen. A typical old time small town with all the "fixins." And all in reach of where ever you are in town. If i could,  More

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