Housing costs in Lava Hot Springs?
A typical home costs
$384,600, which is 13.8% more expensive than the national average of
$338,100 and 13.6% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Lava Hot Springs costs
$900 per month, which is 19.6% cheaper than the national average of
$1,120 and close to the state average of
$890.
Can I afford Lava Hot Springs?
To live comfortably in Lava Hot Springs (zip 83246), Idaho, a minimum annual income of
$73,800 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lava Hot Springs?
The cost of living in 83246 Lava Hot Springs, ID is relatively low. The median home value is around $122,000, which is significantly lower than the national median of $200,000. Rent for a one-bedroom apartment averages around $500 per month, while two-bedroom apartments average about $600 per month. Utility costs are also very reasonable, with electricity costing an average of just over $100 a month and natural gas slightly lower at an average of around $90 a month. Grocery stores in the area offer competitive prices and there are many affordable restaurants and dining options available as well. All in all, Lava Hot Springs is a great place to live with an affordable overall cost of living.