Zip 83873 (Wallace, ID) Cost of Living


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United States / Idaho / No Metro Area / Shoshone County / Wallace / Wallace (zip 83873)
How much do I need to live in Wallace, Idaho?
$4,170 / month
for a family, 22.8% less expensive than the national average A total of $50,040 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Wallace cost of living score
77.2
Less expensive
22.8% lower
than the US average
26.8% lower
than the Idaho average
Wallace (zip 83873), Idaho gets a BestPlaces Cost of Living score of 77.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.8% lower than the U.S. average and 26.8% lower than the average for Idaho.

Zip 83873 (Wallace, ID)

Housing costs in Wallace?
A typical home costs $261,400, which is 22.7% less expensive than the national average of $338,100 and 41.3% less expensive than the average Idaho home, at $445,000. Renting a two-bedroom unit in Wallace costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 30.2% cheaper than the state average of $1,120.

Can I afford Wallace?
To live comfortably in Wallace (zip 83873), Idaho, a minimum annual income of $50,040 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Wallace?
The cost of living in 83873 Wallace, ID is relatively affordable compared to other parts of the country. Goods and services are priced competitively and residents can find a wide range of housing options that suit their budget. The median home value is around $149,000, which is significantly lower than the national median home value of $218,000. Additionally, groceries and healthcare tend to be slightly less expensive here than in other places. With its wide variety of shopping opportunities and variety of housing options, 83873 Wallace is an attractive place for those looking for an affordable cost of living in a rural setting.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWallaceIdahoUnited States
    Unlock105.5100.0
  95.9  Unlock100.0
    Unlock104.5100.0
  49.1  Unlock100.0
    Unlock$445,000$338,100
  81.5  Unlock100.0
    Unlock81.6100.0
  70.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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