Cost of Living in Gooding, ID
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.9
100 = national avg
-23.1 vs national average
Living Wage (1 Adult)
$33,852
per year
Living Wage (Family of 4)
$80,013
per year
Cost Index by Category
Housing90.1
Food78.2
Transportation56.4
Healthcare82.6
Utilities84.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$851
per month
2 Bedroom
$1,026
per month
The overall cost of living index in Gooding is 76.9, which is 23.1% below the national average. Housing costs are below the national average at an index of 90.1. A single adult needs to earn approximately $33,852 per year to cover basic expenses.