Housing costs in Idaho Falls?
A typical home costs
$347,500, which is 2.8% more expensive than the national average of
$338,100 and 21.9% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Idaho Falls costs
$960 per month, which is 14.3% cheaper than the national average of
$1,120 and 2.1% cheaper than the state average of
$980.
Can I afford Idaho Falls?
To live comfortably in Idaho Falls (zip 83401), Idaho, a minimum annual income of
$66,600 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Idaho Falls?
The cost of living in 83401 Idaho Falls, ID is relatively low compared to other parts of the country. The median home price in this area is around $172,000, making it one of the most affordable cities in the nation for homeowners. The median household income is also lower than the national average at just over $45,000. Renters can expect to pay an average of around $700 a month for a two-bedroom apartment. Groceries are also cheaper than many other areas with prices that are roughly 10% below the national average. All of these factors make 83401 Idaho Falls, ID an attractive option for those looking for a high quality of life at an affordable price.