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.
An overview of the general cost of living index for Moscow, ID is displayed above for your reference. Residents in Moscow, ID enjoy a cost of living index of 98. This index is 5% higher than the Idaho average, and 2% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Moscow, ID, the average cost of goods and services is 2% higher than it is in Idaho, and it is 2% lower than the national average.
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The cost of living in Moscow is 5% higher than the Idaho average.
The cost of living in Moscow is 2% lower than the national average.
The cost of housing in Moscow is equal to 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.
This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Health care index
Using the salary calculator lets you compare the salary you earn in Moscow, ID to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Moscow, ID, you have to earn a higher income in order to still have the same standard of living. To operate the Moscow, ID salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.
Median Income & Debt-To-Income Ratio
Max Budget (28% DTI)
Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Moscow, ID, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Moscow, ID, the median monthly income is $73,389 for those who own their own homes. Under the standard rule, that income level would allow for $1,712 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $19,648, per the median income in the area. That would allow for renters to spend up to $458 on monthly rental expenses.
Idaho Sales Tax
General Sales Tax
With Max Surtax
Idaho Income Tax
Income Tax (Low)
Income Tax (High)
One thing to keep in mind when considering the cost of living in Moscow, ID is the Idaho sales tax and Idaho income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Idaho sales tax rate is 6% and the maximum surtax that can be charged is 8.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Idaho income tax rates range from 1.6% to 7.4%.
Goods & Services
Avg. Mortgage Payment
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.