How does Idaho compare to nearby places to live?

 

Here is a quick analyis. In fact, based on averages for housing, utilities, health care, transportation, groceries, and other services, Idaho’s cost of living is one of the lowest in the western states, according to the ACCRA Cost of Living Index

  • Cost of living is 94.7 percent of the national average
  • Average cost of a home in 2014 was 86.5 percent of the national average
  • Consistently ranked by Forbes, The Wall Street Journal and Inc. Magazine as one of the best places in the U.S. to live and work

Residential Water Comparison

Avg Consumptiom
(gallons/ person)
Avg Electric Prices
(cents/kWh
Avg Monthly Electric Bill
Idaho 957 $9.93 $95.01
California 557 $16.99 $94.59
Oregon 902 $10.66 $96.24
Utah 744 $10.88 $80.92
Washington 964 $9.09 $87.64
US  Avg 901 12.62 $114.03
Source: http://www.eia.gov/electricity/sales_revenue_price/xls/table5_a.xlsx Compare Electric Rates

Property Taxes

  Effective Real-Estate Tax Rate Annual Taxes on $176K Home* State Median Home Value Annual Taxes on Home Priced at State Median Value
California 0.81% $1,429 $371,400 $3,021
Idaho 0.77% $1,354 $160,500 $1,237
Oregon 1.08% $1,890 $234,100 $2,518
Utah 0.69% $1,210 $212,500 $1,463
Washington 1.08% $1,903 $257,200 $2,785

*$175,700 is the median home value in the U.S.

 

Utility Price Comparison

  Residential
/kWh
Avg Monthly Bill Residential
Boise 8.55¢ $107.23
San Diego 16.35¢ $314.87
San Francisco 15.34¢ $283.25
Los Angeles $13.03  
Portland $10.72 $112.73
Salt Lake $10.31 $117.83
Source Electricity Local Idaho Power

Sales Taxe Rates

  Sales Tax
California 7.50%
Idaho 6.00%
Oregon 0.00%
Utah 4.70%
Washington 6.50%

Source: Sales Tax Institute


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Laura Hipwell, Eagle Idaho Realtor Laura Harris
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Trey Langford- Idaho Builder & Developer Services
Trey Langford
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Home Loan Information

Guild Mortgage Company - Meridian, Idaho
The Heffner Group
Terry Heffner NMLS#95796
Equal Housing Lender, NMLS#3274

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