Hope, ID Cost of Living


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Hope cost of living score
107.4
More expensive
7.4% higher
than the US average
1.8% higher
than the Idaho average
Hope, Idaho gets a BestPlaces Cost of Living score of 107.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.4% higher than the U.S. average and 1.8% lower than the average for Idaho.

Hope, ID

Housing costs in Hope?
A typical home costs $710,100, which is 110.0% more expensive than the national average of $338,100 and 59.6% more expensive than the average Idaho home, at $445,000. Renting a two-bedroom unit in Hope costs $1,510 per month, which is 5.6% more than the national average of $1,430 and 25.8% more than the state average of $1,120.

Can I afford Hope?
To live comfortably in Hope, Idaho, a minimum annual income of $136,080 for a family, and $48,400 for a single person is recommended.

What does A.I. say about Hope?
The cost of living in Hope, ID is quite reasonable, with housing being especially affordable. The median home value in Hope is $200,000, which is about 40% lower than the national average. Other costs such as food and transportation are also relatively low. In addition, there are no state income tax or sales tax in Idaho, which helps to keep living costs down even further. All in all, Hope residents enjoy a very affordable lifestyle that allows them to live comfortably without breaking the bank.
   Cost of living score
     CategoriesHopeIdahoUnited States
  107.4105.5100.0
  10494.4100
  104.4104.5100.0
  192.5136.8100.0
  $710,100$445,000$338,100
  82.9%89.3%100.0%
  82.081.6100.0
  86.879.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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