Cost of Living in Basalt, ID
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.2
100 = national avg
+14.2 vs national average
Living Wage (1 Adult)
$50,268
per year
Living Wage (Family of 4)
$118,816
per year
Cost Index by Category
Housing120.2
Food107.6
Transportation115.2
Healthcare106.1
Utilities108.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Basalt is 114.2, which is 14.2% above the national average. Housing costs are above the national average at an index of 120.2. A single adult needs to earn approximately $50,268 per year to cover basic expenses.