Housing costs in Idaho Falls?
A typical home costs
$378,700, which is 12.0% more expensive than the national average of
$338,100 and 14.9% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Idaho Falls costs
$1,100 per month, which is 1.8% cheaper than the national average of
$1,120 and 10.9% more than the state average of
$980.
Can I afford Idaho Falls?
To live comfortably in Idaho Falls (zip 83404), Idaho, a minimum annual income of
$72,720 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Idaho Falls?
The cost of living in 83404 Idaho Falls, ID is relatively low compared to other parts of the country. Goods and services are generally reasonably priced, with basic items such as groceries, gas, and housing costs all far cheaper than many other areas. This is mainly due to the fact that the area is largely rural, with a low population density and limited economic activity. The median home price for the city is around $175,000 – much lower than average for many U.S. cities – while groceries and fuel tend to be 10-20% cheaper than national averages. The overall cost of living in Idaho Falls is one of its biggest draws, allowing people to stretch their budget further than they would in larger cities.