Cost of Living in Fernan Lake Village, ID

F
48%
Overall NAT. AVG.
0%
Goods & Services NAT. AVG.
150%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Fernan Lake Village Idaho National
Cost of living14896100
Goods & Services100101100
Groceries111101100
Health care11299100
Housing25088100
Transportation118105100
Utilities9786100
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Cost Of Living Quick Facts

  • The cost of living in Fernan Lake Village is 55% higher than the Idaho average
  • The cost of living in Fernan Lake Village is 48% higher than the national average
  • Fernan Lake Village housing is 150% higher than the national average
  • Idaho general sales tax is 18% higher than the national average
  • Idaho state income tax is 123% higher than the national average

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Compare Fernan Lake Village, ID Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$103,750$8,646$2,421$3,113
      Renters$0$0$0$0

      Idaho Sales Tax

      State General Sales Tax With Max Surtax
      Idaho 6% 8.5%

      Idaho Income Tax

      State Income Tax (Low) Income Tax (High)
      Idaho 5.8% 5.8%

      Goods & Services

      Item Fernan Lake Village National avg. Difference
      Haircut $27.83$24.2614.7%
      Beauty Salon $51.82$45.5613.7%
      Toothpaste $3.72$3.700.4%
      Shampoo $1.29$1.280.6%
      Movie $14.89$12.1322.7%
      Bowling $23.19$18.0028.8%

      Groceries

      Item Fernan Lake Village National avg. Difference
      Ground Beef $6.17$5.845.7%
      Fried Chicken $2.22$1.5741.0%
      Milk $4.92$4.675.3%
      Potatoes $4.89$4.930.9%
      Pizza $11.23$12.097.1%
      Beer $11.57$10.4111.1%

      Health Care

      Item Fernan Lake Village National avg. Difference
      Optometrist $165.73$125.6831.9%
      Doctor $168.55$135.7824.1%
      Dentist $118.01$113.294.2%
      Ibuprofen $11.49$10.657.9%
      Lipitor $477.18$468.601.8%

      Housing

      Item Fernan Lake Village National avg. Difference
      Home Price $462,100.00$184,700.00150.2%
      Avg. Mortgage Payment $2,282.29$2,346.692.7%
      Apartment Rent $0.00$949.00100.0%

      Transportation

      Item Fernan Lake Village National avg. Difference
      Gasoline $4.30$3.4624.2%
      Tire Balancing $60.58$59.921.1%

      Utilities

      Item Fernan Lake Village National avg. Difference
      All Electricity $178.20$193.998.1%
      Phone $201.25$192.254.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      State Line, ID141054.7%
      Huetter, ID1891065.6%
      Hauser, ID9271099.5%
      Rathdrum, ID8,67211010.2%
      Post Falls, ID34,97111111.3%
      Fernan Lake Village, ID11814848.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Chalkyitsik, AK1181000.2%
      Delta, AL118964.3%
      Reed, AR1187921.4%
      Katherine, AZ1188910.7%
      Montgomery Creek, CA1181021.5%
      Fernan Lake Village, ID11814848.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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