Housing costs in Banks?
A typical home costs
$480,000, which is 42.0% more expensive than the national average of
$338,100 and 7.9% more expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Banks costs
$1,110 per month, which is 0.9% cheaper than the national average of
$1,120 and 17.1% cheaper than the state average of
$1,300.
Can I afford Banks?
To live comfortably in Banks (zip 83602), Idaho, a minimum annual income of
$91,800 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Banks?
The cost of living in 83602 Banks, ID is quite reasonable. The median home value in the area is just over $190,000, which is significantly lower than many other parts of the country. Additionally, the median household income here is $60,000, making it a more affordable place to live than many other cities. Groceries and health care costs are also relatively low compared to other areas. With its low cost of living and numerous outdoor activities nearby, 83602 Banks, ID can be an ideal place for those on a budget who still want to enjoy all that Idaho has to offer.