Parker, Idaho Cost Of Living

Buy Rent

B

Overall 10%

Goods & Services 5%

Housing 36%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	Parker	Idaho	National
Cost of living	90	94	100
Goods & Services	105	98	100
Groceries	105	91	100
Health care	97	96	100
Housing	64	88	100
Transportation	95	112	100
Utilities	88	82	100

Key findings

The cost of living in Parker is 4% lower than the Idaho average
The cost of living in Parker is 10% lower than the national average
Parker housing is 36% lower than the national average
Idaho general sales tax is 18% higher than the national average
Idaho state income tax is 54% 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	$45,625	$3,802	$1,065	$1,369
Renters	$48,021	$4,002	$1,120	$1,441

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	1.125%	6.925%

Goods & Services

Item	Parker	National avg.	Difference
Haircut	$27.12	$20.27	33.8%
Beauty Salon	$40.51	$40.39	0.3%
Toothpaste	$2.86	$2.36	21.1%
Shampoo	$0.95	$1.08	11.7%
Movie	$11.77	$10.99	7.1%
Bowling	$16.06	$15.49	3.7%

Groceries

Item	Parker	National avg.	Difference
Ground Beef	$4.29	$4.30	0.2%
Fried Chicken	$1.85	$1.40	32.0%
Milk	$2.90	$2.20	31.8%
Potatoes	$3.09	$3.22	4.0%
Pizza	$11.49	$10.74	7.0%
Beer	$9.24	$9.60	3.7%

Health Care

Item	Parker	National avg.	Difference
Optometrist	$132.98	$109.73	21.2%
Doctor	$96.50	$118.34	18.5%
Dentist	$96.50	$100.94	4.4%
Ibuprofen	$10.82	$9.93	8.9%
Lipitor	$468.60	$469.53	0.2%

Housing

Item	Parker	National avg.	Difference
Home Price	$111,000.00	$184,700.00	39.9%
Avg. Mortgage Payment	$1,787.99	$1,229.62	45.4%
Apartment Rent	$698.00	$949.00	26.4%

Transportation

Item	Parker	National avg.	Difference
Gasoline	$2.90	$2.71	6.9%
Tire Balancing	$38.80	$51.86	25.2%

Utilities

Item	Parker	National avg.	Difference
All Electricity	$140.00	$170.84	18.1%
Phone	$179.54	$187.18	4.1%

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.
St. Anthony, ID	3,488	88	11.6%
Teton, ID	1,038	91	8.9%
Newdale, ID	342	93	7.2%
Sugar City, ID	1,471	95	5.0%
Rexburg, ID	27,114	97	2.6%
Parker, ID	300	90	10.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Elim, AK	300	110	9.6%
Malcolm, AL	300	95	5.0%
Vina, AL	300	75	25.2%
Cedarville, CA	300	96	4.1%
Fargo, GA	300	76	24.2%
Parker, ID	300	90	10.3%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.