Sandpoint, ID Cost Of Living
Cost Of Living In Sandpoint, ID Summary
Cost of living in Sandpoint 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 Sandpoint 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 Sandpoint is 106, with 100 being the average.
The cost of living index in Sandpoint is 1.1x higher than the national average.
Sandpoint ranks as the #30 cheapest in Idaho out of 32.
Sandpoint ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Sandpoint is $309,900.
The median income in Sandpoint is $53,567.
Table Of Contents
Sandpoint's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Sandpoint, ID?
According to the most recent data on the cost of living, Sandpoint has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Idaho, Sandpoint has a cost of living index that's 1.1x higher than Idaho's index of 99.
The standard of living in Sandpoint ranks as #30 most affordable out of the 32 places we measured in Idaho. By definition, that implies Sandpoint ranks as the #2 most expensive place in the Gem State.
For more reading on life in Sandpoint, check out:
- Living In Sandpoint
- Sandpoint Crime Report
- Search Homes For Sale In Sandpoint, ID
In Idaho
In America
Sandpoint Cost Of Living Vs. Idaho
Six factors go into calculating the cost of living index in Sandpoint. Here is how it fairs on each of the criteria:
The Services index in Sandpoint is 115.
The Groceries index in Sandpoint is 103.
The Health index in Sandpoint is 122.
The Housing index in Sandpoint is 99.
The Transportation index in Sandpoint is 111.
The Utilities index in Sandpoint is 101.
| Living Expense | Sandpoint | Idaho | National Average | |
|---|---|---|---|---|
| Overall | 106 | 99 | 100 | |
| Services | 115 | 100 | 100 | |
| Groceries | 103 | 98 | 100 | |
| Health | 122 | 95 | 100 | |
| Housing | 99 | 100 | 100 | |
| Transportation | 111 | 109 | 100 | |
| Utilities | 101 | 82 | 100 | |
Sandpoint, 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 Sandpoint is $309,900.
The Median Rent in Sandpoint is $1,062.
The Median Income in Sandpoint is $53,567.
The Home Value To Income in Sandpoint is 5.8x.
The Rent To Monthly Income in Sandpoint is 0.24x.
| Statistic | Sandpoint | Idaho | United States |
|---|---|---|---|
| Median Home Value | $309,900 | $266,500 | $244,900 |
| Median Rent | $1,062 | $952 | $1,163 |
| Median Income | $53,567 | $63,377 | $69,021 |
| Home Value To Income | 5.8x | 4.2x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Sandpoint, ID Costs By Category
Detailed Sandpoint Services Costs Vs. Idaho
Detailed Sandpoint Groceries Costs Vs. Idaho
Detailed Sandpoint Health Costs Vs. Idaho
Detailed Sandpoint Transportation Costs Vs. Idaho
Detailed Sandpoint Utilities Costs Vs. Idaho
Sandpoint SnackAbility
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Cost Of Living In Cities Around Sandpoint
The cost of living varies in the cities and towns around Sandpoint. 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 Sandpoint.
Post Falls, ID has a cost of living index of 103, 1.0x Sandpoint.
Hayden, ID has a cost of living index of 104, 1.0x Sandpoint.
| City | Population | Cost Of Living | Vs. Sandpoint |
|---|---|---|---|
| Coeur d'Alene, ID | 53,189 | 103 | 1.0x |
| Post Falls, ID | 38,162 | 103 | 1.0x |
| Hayden, ID | 15,316 | 104 | 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 |
