Cost of Living in Hayden, ID

Housing

The housing market plays a significant role in determining the cost of living in Hayden, ID.

  • Housing Index: 110.0 / 100
  • Median Home Price is: $490,000
  • Average Rent (2 BR Apartment): $1200 per month
  • Average Rent (2 BR House): $1230 per month

Considering a move to Hayden, ID? With a housing index of 110.0, the market appears slightly more competitive than the national average. The median home price is set at 490000, indicating a substantial investment for buyers. Renting seems more feasible, with an average rent of 1200 for a 2-bedroom apartment and 1230 for a house. Keep in mind that housing demand typically influences prices; hence, researching local amenities and job opportunities can further guide your decision. Overall, balance your budget against lifestyle needs to make an informed choice.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hayden, ID.

  • Electricity Price: $12.28 USD (median by state)
  • Natural Gas Price: $9.87 USD per Thousand Cubic Feet (median by state)
  • Other Utilities (water, garbage, etc.): $250 per month

Living in Hayden, ID could entail higher utility costs. Electricity costs sit at $12.28, while natural gas is priced at $9.87 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Hayden is a financially viable option for your relocation.