Cost Of Living in Island Park, ID

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Island Park	Idaho	National
Cost of living	121	96	100
Goods & Services	118	101	100
Groceries	107	101	100
Health care	96	99	100
Housing	149	88	100
Transportation	100	105	100
Utilities	93	86	100

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Cost Of Living Quick Facts

The cost of living in Island Park is 26% higher than the Idaho average
The cost of living in Island Park is 21% higher than the national average
Island Park housing is 49% higher than the national average
Idaho general sales tax is 18% higher than the national average
Idaho state income tax is 123% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$34,821	$2,902	$812	$1,045
Renters	$0	$0	$0	$0

Idaho Sales Tax

State	General Sales Tax	With Max Surtax
Idaho	6%	8.5%

Idaho Income Tax

State	Income Tax (Low)	Income Tax (High)
Idaho	5.8%	5.8%

Goods & Services

Item	Island Park	National avg.	Difference
Haircut	$34.17	$24.26	40.8%
Beauty Salon	$54.03	$45.56	18.6%
Toothpaste	$4.45	$3.70	20.3%
Shampoo	$1.24	$1.28	3.2%
Movie	$14.00	$12.13	15.4%
Bowling	$18.03	$18.00	0.1%

Groceries

Item	Island Park	National avg.	Difference
Ground Beef	$6.67	$5.84	14.1%
Fried Chicken	$1.32	$1.57	16.2%
Milk	$4.91	$4.67	5.1%
Potatoes	$4.61	$4.93	6.5%
Pizza	$12.93	$12.09	7.0%
Beer	$11.39	$10.41	9.4%

Health Care

Item	Island Park	National avg.	Difference
Optometrist	$134.67	$125.68	7.1%
Doctor	$144.42	$135.78	6.4%
Dentist	$109.17	$113.29	3.6%
Ibuprofen	$10.94	$10.65	2.7%
Lipitor	$336.07	$468.60	28.3%

Housing

Item	Island Park	National avg.	Difference
Home Price	$275,000.00	$184,700.00	48.9%
Avg. Mortgage Payment	$3,780.77	$2,346.69	61.1%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Island Park	National avg.	Difference
Gasoline	$3.43	$3.46	0.8%
Tire Balancing	$60.29	$59.92	0.6%

Utilities

Item	Island Park	National avg.	Difference
All Electricity	$177.13	$193.99	8.7%
Phone	$182.36	$192.25	5.1%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Island Park, ID	197	121	20.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Black Oak, AR	197	75	25.3%
Wainiha, HI	197	174	73.6%
White City, IL	197	81	18.7%
Morganville, KS	197	81	19.1%
Powhatan, LA	197	77	22.7%
Island Park, ID	197	121	20.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Island Park, ID