Cost of Living in Murphy, ID
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
127.4
100 = national avg
+27.4 vs national average
Living Wage (1 Adult)
$56,072
per year
Living Wage (Family of 4)
$132,533
per year
Cost Index by Category
Housing135.9
Food107.7
Transportation164.0
Healthcare106.2
Utilities111.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,381
per month
2 Bedroom
$1,655
per month
The overall cost of living index in Murphy is 127.4, which is 27.4% above the national average. Housing costs are above the national average at an index of 135.9. A single adult needs to earn approximately $56,072 per year to cover basic expenses.