Cost of living in Hayden 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 Hayden 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 Hayden is 104, with 100 being the average.
The cost of living index in Hayden is 1.0x higher than the national average.
Hayden ranks as the #27 cheapest in Idaho out of 32.
Hayden ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Hayden is $292,300.
The median income in Hayden is $61,124.
According to the most recent data on the cost of living, Hayden has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Idaho, Hayden has a cost of living index that's 1.1x higher than Idaho's index of 99.
The standard of living in Hayden ranks as #27 most affordable out of the 32 places we measured in Idaho. By definition, that implies Hayden ranks as the #5 most expensive place in the Gem State.
For more reading on life in Hayden, check out:
Six factors go into calculating the cost of living index in Hayden. Here is how it fairs on each of the criteria:
The Services index in Hayden is 112.
The Groceries index in Hayden is 99.
The Health index in Hayden is 118.
The Housing index in Hayden is 103.
The Transportation index in Hayden is 110.
The Utilities index in Hayden is 101.
Living Expense | Hayden | Idaho | National Average | |
---|---|---|---|---|
Overall | 104 | 99 | 100 | |
Services | 112 | 100 | 100 | |
Groceries | 99 | 98 | 100 | |
Health | 118 | 95 | 100 | |
Housing | 103 | 100 | 100 | |
Transportation | 110 | 109 | 100 | |
Utilities | 101 | 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 Hayden is $292,300.
The Median Rent in Hayden is $1,238.
The Median Income in Hayden is $61,124.
The Home Value To Income in Hayden is 4.8x.
The Rent To Monthly Income in Hayden is 0.24x.
Statistic | Hayden | Idaho | United States |
---|---|---|---|
Median Home Value | $292,300 | $266,500 | $244,900 |
Median Rent | $1,238 | $952 | $1,163 |
Median Income | $61,124 | $63,377 | $69,021 |
Home Value To Income | 4.8x | 4.2x | 3.5x |
Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Hayden. Here's a quick look at the cost of living in the most populous nearby places:
Coeur d'Alene, ID has a cost of living index of 103, 1.0x Hayden.
Post Falls, ID has a cost of living index of 103, 1.0x Hayden.
Liberty Lake, WA has a cost of living index of 113, 1.1x Hayden.
City | Population | Cost Of Living | Vs. Hayden |
---|---|---|---|
Coeur d'Alene, ID | 53,189 | 103 | 1.0x |
Post Falls, ID | 38,162 | 103 | 1.0x |
Liberty Lake, WA | 11,647 | 113 | 1.1x |
Rathdrum, ID | 9,099 | 104 | 1.0x |
Otis Orchards-East Farms, WA | 6,133 | 106 | 1.0x |