Cost of living in Burley research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Burley is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Idaho, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Burley is 79, with 100 being the average.
The cost of living index in Burley is 0.8x lower than the national average.
Burley ranks as the #1 cheapest in Idaho out of 32.
Burley ranks as the #155 cheapest out of 6,412 in the US.
The median home value in Burley is $147,100.
The median income in Burley is $52,086.
According to the most recent data on the cost of living, Burley has an overall cost of living index of 79, which is 0.8x lower than the national index of 100.
Compared to Idaho, Burley has a cost of living index that's 0.8x lower than Idaho's index of 99.
The standard of living in Burley ranks as #1 most affordable out of the 32 places we measured in Idaho. By definition, that implies Burley ranks as the #31 most expensive place in the Gem State.
For more reading on life in Burley, check out:
Six factors go into calculating the cost of living index in Burley. Here is how it fairs on each of the criteria:
The Services index in Burley is 88.
The Groceries index in Burley is 94.
The Health index in Burley is 91.
The Housing index in Burley is 60.
The Transportation index in Burley is 103.
The Utilities index in Burley is 84.
Living Expense | Burley | Idaho | National Average | |
---|---|---|---|---|
Overall | 79 | 99 | 100 | |
Services | 88 | 100 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 91 | 95 | 100 | |
Housing | 60 | 100 | 100 | |
Transportation | 103 | 109 | 100 | |
Utilities | 84 | 82 | 100 |
Housing swings affordability the most between places in Idaho, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Burley is $147,100.
The Median Rent in Burley is $786.
The Median Income in Burley is $52,086.
The Home Value To Income in Burley is 2.8x.
The Rent To Monthly Income in Burley is 0.18x.
Statistic | Burley | Idaho | United States |
---|---|---|---|
Median Home Value | $147,100 | $266,500 | $244,900 |
Median Rent | $786 | $952 | $1,163 |
Median Income | $52,086 | $63,377 | $69,021 |
Home Value To Income | 2.8x | 4.2x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Burley. Here's a quick look at the cost of living in the most populous nearby places:
Twin Falls, ID has a cost of living index of 85, 1.1x Burley.
Jerome, ID has a cost of living index of 84, 1.1x Burley.
Rupert, ID has a cost of living index of 80, 1.0x Burley.
City | Population | Cost Of Living | Vs. Burley |
---|---|---|---|
Twin Falls, ID | 51,223 | 85 | 1.1x |
Jerome, ID | 12,182 | 84 | 1.1x |
Rupert, ID | 5,994 | 80 | 1.0x |