Cost of living in Elk River, Idaho

Cost of living
compared to USA

low

Cost of living
compared to Idaho

the lowest

Median household
income

the lowest

Is it expensive to live in Elk River, Idaho? When calculating the cost of living in Elk River, Idaho we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Elk River, Idaho is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Idaho, while median household income in Elk River is $38,194 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Idaho.

Taxes in Elk River, Idaho

The sales tax rate in Elk River, Idaho is 6.0%. Last year, the average property taxes paid was 0.7% Elk River, Idaho.

The state income tax in the state of Idaho is 5.80%.

Housing costs in Elk River, Idaho

The average cost of
a single-family home
compated to USA

the highest

The average cost of
a single-family home
compated to Idaho

moderate

In Elk River, Idaho, 94.0% of the population owns their homes, while approximately 6.0% rent. The average cost of a single-family home in Elk River, Idaho in 2023 is $353,272 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Idaho. The average one-bedroom apartment cost is approximately $897 per month.

Rental Size	Monthly Cost	Compared to Idaho
1 Bedroom	$897	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$1,156	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,629	highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,958	highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest