Zip 83245 (Inkom, ID) Cost of Living


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How much do I need to live in Inkom, Idaho?
$6,540 / month
for a family, 21.1% more expensive than the national average A total of $78,480 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Inkom cost of living score
89.2
Less expensive
10.8% lower
than the US average
15.5% lower
than the Idaho average
Inkom (zip 83245), Idaho gets a BestPlaces Cost of Living score of 89.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.8% lower than the U.S. average and 15.5% lower than the average for Idaho.

Zip 83245 (Inkom, ID)

Housing costs in Inkom?
A typical home costs $408,800, which is 20.9% more expensive than the national average of $338,100 and 8.1% less expensive than the average Idaho home, at $445,000. Renting a two-bedroom unit in Inkom costs $1,010 per month, which is 9.8% cheaper than the national average of $1,120 and 11.9% more than the state average of $890.

Can I afford Inkom?
To live comfortably in Inkom (zip 83245), Idaho, a minimum annual income of $78,480 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Inkom?
The cost of living in 83245 Inkom, ID is relatively low. Housing costs are particularly attractive as the median home value is just over $106,000 and monthly rental prices average around $600. Utilities also tend to be affordable with the average electricity bill estimated at under $130 per month. The overall cost of goods and services in this area is roughly 6% lower than the US national average. Food is also generally inexpensive with many grocery stores in town offering competitive prices. All in all, 83245 Inkom, ID offers an excellent quality of life and a reasonable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesInkomIdahoUnited States
    Unlock105.5100.0
  91.7  Unlock100.0
    Unlock104.5100.0
  114.5  Unlock100.0
    Unlock$445,000$338,100
  93.1  Unlock100.0
    Unlock81.6100.0
  90.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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