Housing costs in Murphy?
A typical home costs
$399,200, which is 18.1% more expensive than the national average of
$338,100 and 10.3% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Murphy costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$1,120.
Can I afford Murphy?
To live comfortably in Murphy, Idaho, a minimum annual income of
$76,320 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Murphy?
The cost of living in Murphy, ID is relatively low when compared to other cities and towns in the region. The median home value is well below the national average, hovering around $140,000. Rent prices are also quite affordable, with an average of just under $900 a month for a two-bedroom apartment. Additionally, food costs and utilities are also quite reasonable. All in all, Murphy provides a great quality of life at an affordable price point.