Cost of Living in Pocatello, ID

Housing

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

• Housing Index: 87.0 / 100
• Median Home Price is: $307000
• Average Rent (2 BR Apartment): $1150 per month
• Average Rent (2 BR House): $1166 per month

When considering a move to Pocatello, ID, the housing index currently stands at 87.0. With a median home price of 307000, prospective buyers might find it moderately accessible relative to other markets. Renting options are also available, with average rent for a 2-bedroom apartment at 1150 and for a house at 1166. If you're keen on affordability, comparing these figures against state averages and local amenities is crucial, as housing trends can vary with market shifts and economic indicators like job growth and population changes.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Pocatello, 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 Pocatello, 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 95.4

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $56115

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

• Click here for more information

Summary

When considering a move to Pocatello, ID, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.