Housing costs in Hope?
A typical home costs
$646,000, which is 91.1% more expensive than the national average of
$338,100 and 45.2% more expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Hope costs
$1,510 per month, which is 34.8% more than the national average of
$1,120 and 36.4% more than the state average of
$960.
Can I afford Hope?
To live comfortably in Hope (zip 83836), Idaho, a minimum annual income of
$123,840 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Hope?
The cost of living in 83836 Hope, ID is relatively affordable compared to other areas in the United States. The median home cost is an estimated $117,100 which is much lower than the national median of $185,400. With a low unemployment rate of only 4.2%, the job market also looks positive in this area. The general cost of goods and services is 12% lower than the national average, meaning that residents can stretch their dollar further here than they would elsewhere. Additionally, Hope features low property taxes and no state income tax, which are attractive incentives for potential homeowners looking for an affordable place to settle down.