BOISE IDAHO COST OF LIVING
How does Boise compare to other cities? Check out these metrics. The numbers don't lie!
Living Here Is Priceless
- Cheapest State to Live In (CNBC)
- Best Kept Secret in NW (USA Today)
- Most Affordable city in the Northwest
- Best Place to Retire (Forbes)
- Top 25 Best Performing Cities (Livability)
- Best Cities for Savvy Young Families (Credit Donkey)
Cost of Living in Boise Comparison
- Phoenix, AZ +2%
- Miami, FL +23%
- Anchorage, AK +38%
- Dallas, TX +10%
- NewYork, NY +147%
- Chicago, IL +33%
- Los Angeles +161%
- Seattle +171%
5 Things You can do in Boise without opening Your Wallet
- MK Nature Center
- Boise Greenbelt
- Table Rock Lookout
- Camels Back Park
- Quinn's Pond & Whitewater Park
Here is a quick analysis. 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:
- The cost of living is 94.7 percent of the national average
- The 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 Consumption (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
According to WalletHub’s article breaking down the property taxes by state for 2024, the average American household spends about $2,869 on real-estate property taxes each year. Additionally, residents who live in any of the 26 states that have vehicle property taxes will also pay $448 per year.
WalletHub broke down who pays the most property taxes relative to their state, check out where Idaho ranks below.
Property Taxes in Idaho (1st=Lowest; 25th=Avg.):
- Real-Estate Property Tax Rank: 10th
- Vehicle Property Tax Rank: 1st
- Real-Estate Tax on Median State Home Value: $1,872
- Real-Estate Tax on Median U.S. Home Value: $1,591
- Vehicle Property Tax on Best-Selling Car: $0
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
State & Local Tax Collections per Capita
State | Collections per Capita |
Rank |
U.S. Average |
$4,675 | |
N.D. | $9,746 | 1 |
N.Y. | $8,410 | 2 |
Alaska | $7,555 | 3 |
Conn. | $7,249 | 4 |
N.J. | $6,448 | 5 |
Mass. | $6,014 | 6 |
Wyo. | $5,943 | 7 |
Hawaii | $5,705 | 8 |
Minn. | $5,640 | 9 |
Md. | $5,601 | 10 |
Vt. | $5,542 | 11 |
Ill. | $5,498 | 12 |
Calif. | $5,449 | 13 |
R.I. | $5,170 | 14 |
Nebr. | $4,878 | 15 |
Maine | $4,807 | 16 |
Pa. | $4,707 | 17 |
Wis. | $4,583 | 18 |
Wash. | $4,557 | 19 |
Iowa | $4,424 | 20 |
Del. | $4,407 | 21 |
Kans. | $4,378 | 22 |
Colo. | $4,365 | 23 |
N.H. | $4,327 | 24 |
Ohio | $4,207 | 25 |
Va. | $4,204 | 26 |
Ore. | $4,100 | 27 |
Tex. | $4,045 | 28 |
N.M. | $3,967 | 29 |
W.Va. | $3,956 | 30 |
La. | $3,889 | 31 |
Nev. | $3,875 | 32 |
Mont. | $3,840 | 33 |
Mich. | $3,774 | 34 |
Ark. | $3,756 | 35 |
Ind. | $3,748 | 36 |
S.D. | $3,684 | 37 |
N.C. | $3,622 | 38 |
Ky. | $3,607 | 39 |
Okla. | $3,565 | 40 |
Utah | $3,503 | 41 |
Miss. | $3,502 | 42 |
Mo. | $3,473 | 43 |
Ga. | $3,377 | 44 |
Ariz. | $3,346 | 45 |
Fla. | $3,322 | 46 |
Idaho | $3,235 | 47 |
S.C. | $3,220 | 48 |
Tenn. | $3,092 | 49 |
Ala. | $3,002 | 50 |
D.C. | $9,667 | (2) |
Property Taxes Paid as a Percentage of Owner-Occupied Housing Value
State | Effective Tax Rate | Rank |
U.S. Average | 1.08% | |
Ala. | 0.38% | 49 |
Alaska | 0.97% | 23 |
Ariz. | 0.66% | 38 |
Ark. | 0.59% | 42 |
Calif. | 0.72% | 36 |
Colo. | 0.55% | 44 |
Conn. | 1.65% | 6 |
Del. | 0.56% | 43 |
Fla. | 0.93% | 24 |
Ga. | 0.89% | 26 |
Hawaii | 0.28% | 50 |
Idaho | 0.75% | 34 |
Ill. | 1.97% | 3 |
Ind. | 0.84% | 28 |
Iowa | 1.43% | 12 |
Kans. | 1.29% | 15 |
Ky. | 0.78% | 32 |
La. | 0.48% | 48 |
Maine | 1.24% | 16 |
Md. | 1.00% | 20 |
Mass. | 1.13% | 18 |
Mich. | 1.43% | 13 |
Minn. | 1.08% | 19 |
Miss. | 0.61% | 41 |
Mo. | 0.98% | 21 |
Mont. | 0.75% | 33 |
Nebr. | 1.59% | 8 |
Nev. | 0.68% | 37 |
N.H. | 1.99% | 2 |
N.J. | 2.13% | 1 |
N.M. | 0.66% | 39 |
N.Y. | 1.38% | 14 |
N.C. | 0.82% | 31 |
N.D. | 0.88% | 27 |
Ohio | 1.57% | 9 |
Okla. | 0.83% | 30 |
Ore. | 0.98% | 22 |
Pa. | 1.46% | 11 |
R.I. | 1.51% | 10 |
S.C. | 0.55% | 45 |
S.D. | 1.19% | 17 |
Tenn. | 0.72% | 35 |
Tex. | 1.63% | 7 |
Utah | 0.64% | 40 |
Vt. | 1.71% | 5 |
Va. | 0.83% | 29 |
Wash. | 0.93% | 25 |
W.Va. | 0.53% | 47 |
Wis. | 1.72% | 4 |
Wyo. | 0.54% | 46 |
D.C. | 0.57% | (43) |
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