Housing costs in Gem?
A typical home costs
$433,100, which is 28.1% more expensive than the national average of
$338,100 and 2.7% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Gem costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 3.7% cheaper than the state average of
$1,120.
Can I afford Gem?
To live comfortably in Gem Id County, Idaho, a minimum annual income of
$83,160 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Gem?
Gem, ID County has a median house value of $433,100, which is higher than the US average of $338,100. Similarly, the cost of living in Gem, ID County is 99.4 compared to the US average of 100. This indicates that Gem, ID County has an above average cost of living compared to the rest of the nation. As such, while housing may be more expensive in Gem, ID County than elsewhere in the US, local residents will benefit from higher wages and more competitive prices for many everyday goods and services.