Cost Of Living in Rathdrum, ID

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B+

10%

Overall NAT. AVG.

0%

Goods & Services NAT. AVG.

23%

Housing NAT. AVG.

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	Rathdrum	Idaho	National
Cost of living	110	96	100
Goods & Services	100	101	100
Groceries	111	101	100
Health care	112	99	100
Housing	123	88	100
Transportation	118	105	100
Utilities	97	86	100

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Cost Of Living Quick Facts

The cost of living in Rathdrum is 15% higher than the Idaho average
The cost of living in Rathdrum is 10% higher than the national average
Rathdrum housing is 23% 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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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	$73,398	$6,117	$1,713	$2,202
Renters	$40,991	$3,416	$956	$1,230

A good indicator of the general affordability of housing in Rathdrum, ID, 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 Rathdrum, the median monthly income is $73,398 for those who own their own homes. Under the standard rule, that income level would allow for $1,713 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $40,991, per the median income in the area. That would allow for renters to spend up to $956 on monthly rental expenses.

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	Rathdrum	National avg.	Difference
Haircut	$27.83	$24.26	14.7%
Beauty Salon	$51.82	$45.56	13.7%
Toothpaste	$3.72	$3.70	0.4%
Shampoo	$1.29	$1.28	0.6%
Movie	$14.89	$12.13	22.7%
Bowling	$23.19	$18.00	28.8%

Groceries

Item	Rathdrum	National avg.	Difference
Ground Beef	$6.17	$5.84	5.7%
Fried Chicken	$2.22	$1.57	41.0%
Milk	$4.92	$4.67	5.3%
Potatoes	$4.89	$4.93	0.9%
Pizza	$11.23	$12.09	7.1%
Beer	$11.57	$10.41	11.1%

Health Care

Item	Rathdrum	National avg.	Difference
Optometrist	$165.73	$125.68	31.9%
Doctor	$168.55	$135.78	24.1%
Dentist	$118.01	$113.29	4.2%
Ibuprofen	$11.49	$10.65	7.9%
Lipitor	$477.18	$468.60	1.8%

Housing

Item	Rathdrum	National avg.	Difference
Home Price	$233,800.00	$184,700.00	26.6%
Avg. Mortgage Payment	$2,282.29	$2,346.69	2.7%
Apartment Rent	$1,082.00	$949.00	14.0%

Transportation

Item	Rathdrum	National avg.	Difference
Gasoline	$4.30	$3.46	24.2%
Tire Balancing	$60.58	$59.92	1.1%

Utilities

Item	Rathdrum	National avg.	Difference
All Electricity	$178.20	$193.99	8.1%
Phone	$201.25	$192.25	4.7%

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, ID	14	105	4.7%
Blanchard, ID	222	105	4.7%
Athol, ID	697	98	1.8%
Spirit Lake, ID	2,419	104	3.8%
Huetter, ID	189	106	5.6%
Rathdrum, ID	8,672	110	10.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Whitehouse, TX	8,673	99	1.5%
Bridgeport, WV	8,675	103	3.2%
Renfrew, ON	8,678	n/a
Fern Park, FL	8,665	107	6.5%
Sainte-Catherine-de-la-Jacques-Cartier, QC	8,680	n/a
Rathdrum, ID	8,672	110	10.2%