Lava Hot Springs, ID Cost of Living

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Lava Hot Springs cost of living score
Less expensive
10.8% lower
than the US average
15.5% lower
than the Idaho average
Lava Hot Springs, Idaho gets a BestPlaces Cost of Living score of 89.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.8% lower than the U.S. average and 15.5% lower than the average for Idaho.

Lava Hot Springs, ID

Housing costs in Lava Hot Springs?
A typical home costs $385,300, which is 14.0% more expensive than the national average of $338,100 and 13.4% less expensive than the average Idaho home, at $445,000. Renting a two-bedroom unit in Lava Hot Springs costs $850 per month, which is 40.6% cheaper than the national average of $1,430 and 31.8% cheaper than the state average of $1,120.

Can I afford Lava Hot Springs?
To live comfortably in Lava Hot Springs, Idaho, a minimum annual income of $73,800 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Lava Hot Springs?
Living in Lava Hot Springs, ID is surprisingly affordable. Prices for basic necessities are generally lower than the national average and housing costs remain below average. The cost of food is also quite reasonable, with local restaurants offering meals at a fraction of the cost one would expect to pay in larger cities. Additionally, the city boasts a wide variety of recreational activities that won’t break the bank. From world-famous hot springs to golf courses and biking trails, you can explore the area without worrying too much about your pocketbook. In comparison to other locations, Lava Hot Springs offers a great value for those looking for an outdoor lifestyle on a budget.
   Cost of living score
     CategoriesLava Hot SpringsIdahoUnited States

   100=National Average

   Average Rent by Bedroom Size
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