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.