Fernan Lake Village, ID Cost Of Living

Fernan Lake Village 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.
Index	Fernan Lake Village	Idaho	National
Cost of living index	126	94	100
Index	Fernan Lake Village	Idaho	National
Goods & Services index	98	96	100
Groceries index	97	90	100
Health care index	114	99	100
Housing index	194	88	100
Transportation index	112	109	100
Utilities index	76	94	100

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The cost of living in Fernan Lake Village is 35% higher than the Idaho average.
The cost of living in Fernan Lake Village is 26% higher than the national average.
The cost of housing in Fernan Lake Village is 94% higher 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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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	$81,250	$6,771	$1,896	$2,438
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	1.6%	7.4%

Goods & Services

Item	Fernan Lake Village	National avg.	Difference
Haircut	$17.81	$16.09	10.7%
Beauty Salon	$32.40	$37.33	13.2%
Toothpaste	$2.42	$2.45	1.0%
Shampoo	$1.07	$1.00	6.7%
Movie	$11.40	$10.28	10.9%
Bowling	$4.82	$4.93	2.3%

Groceries

Item	Fernan Lake Village	National avg.	Difference
Ground Beef	$3.01	$3.80	20.7%
Fried Chicken	$1.29	$1.40	7.8%
Milk	$1.67	$2.01	16.9%
Potatoes	$2.14	$3.01	29.0%
Pizza	$10.51	$9.89	6.3%
Beer	$9.12	$8.90	2.5%

Health Care

Item	Fernan Lake Village	National avg.	Difference
Optometrist	$122.86	$102.16	20.3%
Doctor	$128.43	$108.36	18.5%
Dentist	$107.35	$92.53	16.0%
Ibuprofen	$9.84	$9.28	6.0%
Lipitor	$436.28	$425.82	2.5%

Housing

Item	Fernan Lake Village	National avg.	Difference
Home Price	$357,900.00	$184,700.00	93.8%
Avg. Mortgage Payment	$1,198.20	$1,202.44	0.4%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Fernan Lake Village	National avg.	Difference
Gasoline	$2.68	$2.24	19.6%
Tire Balancing	$45.24	$46.29	2.3%

Utilities

Item	Fernan Lake Village	National avg.	Difference
All Electricity	$134.14	$165.96	19.2%
Phone	$20.11	$28.68	29.9%

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, State	Population	Cost of Living Index	National Avg.
State Line, ID	13	97	-3%
Huetter, ID	94	85	-15%
Hauser, ID	742	88	-12%
Rathdrum, ID	7,357	95	-5%
Coeur d'Alene, ID	47,842	96	-4%
Fernan Lake Village, ID	152	126	26%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Hebron, WI	152	102	2%
Independence, UT	152	109	9%
Seibert, CO	152	81	-19%
Fenwick, WV	152	77	-23%
Houghton, IA	152	82	-18%
Fernan Lake Village, ID	152	126	26%

Source: The Fernan Lake Village, ID cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Fernan Lake Village, ID Cost of Living