Albion, ID vs Fernan Lake Village, ID

The cost of living difference between Albion, ID and Fernan Lake Village, ID is dramatic. Albion is 34.2% cheaper than Fernan Lake Village, a gap that translates to thousands of dollars per year in household expenses. Albion has a cost index of 81 while Fernan Lake Village sits at 123, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Albion are $240,000 compared to $598,700 in Fernan Lake Village, a 60% gap.

Median household income in Albion is $73,375 compared to $118,750 in Fernan Lake Village (-38.2%). While Fernan Lake Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.