New Meadows, ID is a small but growing town located in Idaho. The average 2 bedroom rent is $1,020 which is significantly lower than the US average of $1,430. Grocery costs are also lower here compared to the US with an index of 95 versus 100. This makes New Meadows a great place to live for those looking for a cost effective home. The town has been growing in recent years and features many local businesses such as Midas Market, DG Store, and Wild West Auto Repair & Sales. These companies have helped transform New Meadows into a thriving community that offers modern amenities while still retaining its rural charm and affordable living costs.
New Meadows has an unemployment rate of 9.2%. The US average is 6.0%.
New Meadows has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for New Meadows
- The Sales Tax Rate for New Meadows is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Meadows 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 New Meadows
- The average income of a New Meadows resident is $20,166 a year. The US average is $28,555 a year.
- The Median household income of a New Meadows resident is $52,411 a year. The US average is $69,021 a year.