Cost of Living in Shoshone, ID

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

Cost of Living Overview

Overall Index

91.3

100 = national avg

-8.7 vs national average

Living Wage (1 Adult)

$40,171

per year

Living Wage (Family of 4)

$94,949

per year

Cost Index by Category

Housing
93.7
Food
92.8
Transportation
85.7
Healthcare
94.3
Utilities
94.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$888

per month

2 Bedroom

$973

per month

The overall cost of living index in Shoshone is 91.3, which is 8.7% below the national average. Housing costs are below the national average at an index of 93.7. A single adult needs to earn approximately $40,171 per year to cover basic expenses.