Housing costs in Bonners Ferry?
A typical home costs
$423,200, which is 25.2% more expensive than the national average of
$338,100 and 4.9% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Bonners Ferry costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 33.3% cheaper than the state average of
$1,120.
Can I afford Bonners Ferry?
To live comfortably in Bonners Ferry (zip 83805), Idaho, a minimum annual income of
$81,000 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Bonners Ferry?
The cost of living in 83805 Bonners Ferry, ID is relatively low when compared to the national average. In fact, the overall cost of living index in Bonners Ferry is 82.2, which is 18% lower than the US average. This includes factors like housing costs, utilities, transportation costs and healthcare expenses. Specifically, housing costs are 20% lower than the US average while utilities are 4% higher than the US average. The median home value in Bonners Ferry is $190,000 and most residents own their homes. Transportation costs are slightly lower than the US average while healthcare expenses are about 8% lower when compared to the national average. Overall, living in Bonners Ferry can be very affordable for those looking for a more budget-friendly area to live.