Housing costs in Murphy?
A typical home costs
$392,300, which is 16.0% more expensive than the national average of
$338,100 and 11.8% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Murphy costs
$1,000 per month, which is 10.7% cheaper than the national average of
$1,120 and 30.0% cheaper than the state average of
$1,300.
Can I afford Murphy?
To live comfortably in Murphy (zip 83650), Idaho, a minimum annual income of
$75,240 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Murphy?
The cost of living in 83650 Murphy, ID is relatively low when compared to the national average. According to the BestPlaces Livability Score, the city has an overall score of 72/100 which is significantly higher than average when it comes to affordability. The median home price for Murphy is $186,600 which is below the state average of $229,800 and the median household income is $48,662 which is also lower than the U.S. average of $53,482. Additionally, gas prices and sales taxes are both below the national average at only 4% and 6%, respectively. Overall, the cost of living in 83650 Murphy, ID is favorable for families and individuals looking to settle down in an affordable area with plenty of things to do.