Cost of Living in Bancroft, ID
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
109.0
100 = national avg
+9.0 vs national average
Living Wage (1 Adult)
$47,955
per year
Living Wage (Family of 4)
$113,349
per year
Cost Index by Category
Housing103.5
Food108.6
Transportation117.3
Healthcare106.9
Utilities105.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$763
per month
2 Bedroom
$973
per month
The overall cost of living index in Bancroft is 109.0, which is 9.0% above the national average. Housing costs are above the national average at an index of 103.5. A single adult needs to earn approximately $47,955 per year to cover basic expenses.