Cost of Living in Homedale, ID

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

Cost of Living Overview

Overall Index

88.9

100 = national avg

-11.1 vs national average

Living Wage (1 Adult)

$39,110

per year

Living Wage (Family of 4)

$92,443

per year

Cost Index by Category

Housing
98.7
Food
88.0
Transportation
76.1
Healthcare
90.4
Utilities
92.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,381

per month

2 Bedroom

$1,655

per month

The overall cost of living index in Homedale is 88.9, which is 11.1% below the national average. Housing costs are below the national average at an index of 98.7. A single adult needs to earn approximately $39,110 per year to cover basic expenses.