Challis, ID is an idyllic small town nestled in eastern Idaho. It is a charming area with plenty of outdoor activities for both locals and tourists to enjoy. With a population of less than 1,000, it offers peace and solitude to those who are looking to escape the hustle and bustle of city life.
The cost of living in Challis is much lower than the national average. The 2 bedroom rent in Challis is only $890 compared to the US average of $1,430. Grocery costs are also significantly cheaper in Challis with an index score of 92 compared to 100 in the US. This makes life in Challis much more affordable than most places.
Local businesses that can be found in Challis include Ace Hardware, Elite Contruction and Repair, Green Street Boutique, Salmon River Cafe & Bakery, and Elizondo’s Mexican Restaurant. There are also several outdoor recreation companies such as Trail Creek Outfitters that offer guided fishing trips on the nearby Salmon River. All these local businesses make life in Challis accessible and enjoyable for everyone who lives there or visits.
Challis has an unemployment rate of 6.0%. The US average is 6.0%.
Challis has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Challis
- The Sales Tax Rate for Challis is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Challis is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Challis
- The average income of a Challis resident is $17,717 a year. The US average is $28,555 a year.
- The Median household income of a Challis resident is $25,417 a year. The US average is $69,021 a year.