Cost of Living in Sandpoint, ID
Housing
The housing market plays a significant role in determining the cost of living in Sandpoint, ID.
- Housing Index: 110.0 / 100
- Median Home Price is: $515,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1650 per month
When considering a move to Sandpoint, ID, the housing affordability may warrant attention. With a housing index of 110.0, it suggests the cost of living is slightly above the national average. The median home price stands at 515000, indicating that while homeownership might be a longer-term investment, it could suit those seeking stability. Rental options are also on the higher side, with the average rent for a 2-bedroom apartment at 1600 and a house at 1650. This environment encourages careful budgeting or potential negotiations for housing before making a commitment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sandpoint, 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.): $200 per month
Living in Sandpoint, 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 $200 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 Sandpoint is a financially viable option for your relocation.