Cost of Living in Swan valley, ID
Housing
The housing market plays a significant role in determining the cost of living in Swan valley, ID.
- Housing Index: 101.6 / 100
- Median Home Price is: $438,000
- Average Rent (2 BR Apartment): $1574 per month
- Average Rent (2 BR House): $1711 per month
Considering a move to Swan valley, ID? With a housing index of 101.6, which indicates a somewhat elevated cost of living compared to the national average, potential buyers and renters should analyze carefully. The median home price stands at 438000, while rents for a standard 2-bedroom apartment and house average 1574 and 1711, respectively. This suggests that while owning a home may curtail long-term costs, renting could provide flexibility in a high-demand environment. It's therefore important to balance your financial situation and lifestyle desires when making this decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Swan valley, 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 Swan valley, ID could entail higher utility costs. Electricity costs sit at $12.28, while natural gas is priced at $9.87 per Thousand Cubic Feet β 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 Swan valley is a financially viable option for your relocation.