Cost of Living in Cottonwood, ID

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

93.1

100 = national avg

-6.9 vs national average

Living Wage (1 Adult)

$40,971

per year

Living Wage (Family of 4)

$96,839

per year

Cost Index by Category

Housing
98.2
Food
93.0
Transportation
86.0
Healthcare
94.4
Utilities
95.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$799

per month

2 Bedroom

$1,049

per month

The overall cost of living index in Cottonwood is 93.1, which is 6.9% below the national average. Housing costs are below the national average at an index of 98.2. A single adult needs to earn approximately $40,971 per year to cover basic expenses.