Payette, ID Cost Of Living
Cost Of Living In Payette, ID Summary
Cost of living in Payette 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 Payette 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 Payette is 88, with 100 being the average.
The cost of living index in Payette is 0.9x lower than the national average.
Payette ranks as the #11 cheapest in Idaho out of 32.
Payette ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Payette is $160,500.
The median income in Payette is $49,683.
Table Of Contents
Payette's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Payette, ID?
According to the most recent data on the cost of living, Payette has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Idaho, Payette has a cost of living index that's 0.9x lower than Idaho's index of 99.
The standard of living in Payette ranks as #11 most affordable out of the 32 places we measured in Idaho. By definition, that implies Payette ranks as the #21 most expensive place in the Gem State.
For more reading on life in Payette, check out:
- Living In Payette
- Payette Crime Report
- Search Homes For Sale In Payette, ID
In Idaho
In America
Payette Cost Of Living Vs. Idaho
Six factors go into calculating the cost of living index in Payette. Here is how it fairs on each of the criteria:
The Services index in Payette is 101.
The Groceries index in Payette is 92.
The Health index in Payette is 97.
The Housing index in Payette is 62.
The Transportation index in Payette is 107.
The Utilities index in Payette is 81.
| Living Expense | Payette | Idaho | National Average | |
|---|---|---|---|---|
| Overall | 88 | 99 | 100 | |
| Services | 101 | 100 | 100 | |
| Groceries | 92 | 98 | 100 | |
| Health | 97 | 95 | 100 | |
| Housing | 62 | 100 | 100 | |
| Transportation | 107 | 109 | 100 | |
| Utilities | 81 | 82 | 100 | |
Payette, ID Housing Cost Breakdown
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 Payette is $160,500.
The Median Rent in Payette is $736.
The Median Income in Payette is $49,683.
The Home Value To Income in Payette is 3.2x.
The Rent To Monthly Income in Payette is 0.18x.
| Statistic | Payette | Idaho | United States |
|---|---|---|---|
| Median Home Value | $160,500 | $266,500 | $244,900 |
| Median Rent | $736 | $952 | $1,163 |
| Median Income | $49,683 | $63,377 | $69,021 |
| Home Value To Income | 3.2x | 4.2x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Payette, ID Costs By Category
Detailed Payette Services Costs Vs. Idaho
Detailed Payette Groceries Costs Vs. Idaho
Detailed Payette Health Costs Vs. Idaho
Detailed Payette Transportation Costs Vs. Idaho
Detailed Payette Utilities Costs Vs. Idaho
Payette SnackAbility
/10
Cost Of Living In Cities Around Payette
The cost of living varies in the cities and towns around Payette. Here's a quick look at the cost of living in the most populous nearby places:
Meridian, ID has a cost of living index of 101, 1.1x Payette.
Nampa, ID has a cost of living index of 91, 1.0x Payette.
Caldwell, ID has a cost of living index of 91, 1.0x Payette.
| City | Population | Cost Of Living | Vs. Payette |
|---|---|---|---|
| Meridian, ID | 115,227 | 101 | 1.1x |
| Nampa, ID | 98,881 | 91 | 1.0x |
| Caldwell, ID | 58,872 | 91 | 1.0x |
| Eagle, ID | 29,665 | 114 | 1.3x |
| Kuna, ID | 23,765 | 97 | 1.1x |
| Ontario, OR | 11,465 | 89 | 1.0x |
| Star, ID | 10,929 | 105 | 1.2x |
| Emmett, ID | 7,408 | 86 | 1.0x |
| Fruitland, ID | 5,903 | 90 | 1.0x |
| Weiser, ID | 5,578 | 87 | 1.0x |
