Housing costs in Malta?
A typical home costs
$341,800, which is 1.1% more expensive than the national average of
$338,100 and 23.2% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Malta costs
$930 per month, which is 17.0% cheaper than the national average of
$1,120 and 9.7% more than the state average of
$840.
Can I afford Malta?
To live comfortably in Malta (zip 83342), Idaho, a minimum annual income of
$65,520 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Malta?
The cost of living in Malta, ID 83342 is quite reasonable. In fact, the cost of basic necessities such as food and housing are very affordable compared to larger cities. The average home in Malta has a median price tag of $82,000, which is lower than both the state and national averages. Groceries are also relatively inexpensive, with the average cost for a meal out at a restaurant being around $15. Additionally, utilities costs are low due to the small population size with an average electricity bill for the area coming in at just over $100 per month. With all these factors combined, Malta offers an excellent value for those looking to settle into an affordable lifestyle.