Lava Hot Springs cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexLava Hot SpringsIdahoNational
Cost of living index9192100
IndexLava Hot SpringsIdahoNational
Goods & Services index9495100
Groceries index8285100
Health care index99102100
Housing index8688100
Transportation index99106100
Utilities index9489100

Did you know?

  • The cost of living in Lava Hot Springs is 2% lower than the Idaho average.
  • The cost of living in Lava Hot Springs is 9% lower than the national average.
  • The cost of housing in Lava Hot Springs is 14% lower than the national average.
  • Idaho general sales tax is 18% higher than the national average.
  • Idaho state income tax is 28% lower than the national average.

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Compare Lava Hot Springs, ID Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$47,917$3,993$1,118$1,438
Renters$43,750$3,646$1,021$1,313

Idaho Sales Tax

StateGeneral Sales TaxWith Max Surtax
Idaho6%8.5%

Idaho Income Tax

StateIncome Tax (Low)Income Tax (High)
Idaho1.6%7.4%

Goods & Services

ItemLava Hot SpringsNational avg.Difference
Haircut $13.59$15.5612.7%
Beauty Salon $26.56$36.1126.4%
Toothpaste $2.17$2.4712.4%
Shampoo $0.91$0.965.9%
Movie $9.98$10.131.4%
Bowling $3.79$4.7419.9%

Groceries

ItemLava Hot SpringsNational avg.Difference
Ground Beef $3.03$3.9824.0%
Fried Chicken $1.07$1.4124.1%
Milk $1.40$2.0632.3%
Potatoes $2.11$2.9829.3%
Pizza $9.96$9.475.1%
Beer $8.37$8.794.8%

Health Care

ItemLava Hot SpringsNational avg.Difference
Optometrist $119.53$101.0418.3%
Doctor $99.01$107.447.8%
Dentist $89.56$90.420.9%
Ibuprofen $9.15$9.281.4%
Lipitor $436.44$426.502.3%

Housing

ItemLava Hot SpringsNational avg.Difference
Home Price $153,000.00$175,700.0012.9%
Avg. Mortgage Payment $875.40$1,133.2322.8%
Apartment Rent $753.00$920.0018.2%

Transportation

ItemLava Hot SpringsNational avg.Difference
Gasoline $2.04$1.992.5%
Tire Balancing $42.22$45.767.7%

Utilities

ItemLava Hot SpringsNational avg.Difference
All Electricity$134.88$163.8117.7%
Phone $31.64$28.3911.5%
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, StatePopulationCost of Living IndexNational Avg.
Bancroft, ID33881-19%
Downey, ID59383-17%
Grace, ID91484-16%
McCammon, ID57785-15%
Arimo, ID31986-14%
Lava Hot Springs, ID42591-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
St. Michael, PA42578-22%
Willisville, IL42581-19%
Rienzi, MS42573-27%
Ivor, VA42598-2%
New Germany, MN42597-3%
Lava Hot Springs, ID42591-9%
Source: The Lava Hot Springs, ID cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.