Cost of Living in Malad city, ID
Housing
The housing market plays a significant role in determining the cost of living in Malad city, ID.
- Housing Index: 101.6 / 100
- Median Home Price is: $331,000
- Average Rent (2 BR Apartment): $1574 per month
- Average Rent (2 BR House): $1711 per month
When considering a move to Malad city, ID, the housing index of 101.6 suggests it’s a buyer's market compared to many other regions. With a median home price of 331000, owning property could be a feasible option. The average rent for a 2-bedroom apartment stands at 1574 while a 2-bedroom house averages 1711, indicating rental prices are manageable yet slightly competitive. Weigh these housing costs against your budget and financial goals, as the affordability in housing can significantly impact your lifestyle and savings in the long term.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Malad city, 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.): $246 per month
Living in Malad city, 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 $246 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 Malad city is a financially viable option for your relocation.