Basalt, ID vs Ferdinand, ID

There is a significant gap in the cost of living between these two cities. Ferdinand is 28.3% cheaper than Basalt. With a cost index of 69 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ferdinand to Basalt should plan for substantially higher expenses across most categories.

On the housing front, median rent in Basalt is $1,025/month compared to $613/month in Ferdinand — a 67% difference. Home values follow the same pattern: Ferdinand is more affordable at $215,400 median vs $300,000.

Median household income in Basalt is $75,375 compared to $61,250 in Ferdinand (+23.1%). The higher salaries in Basalt partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Basalt spend roughly 16.3% of their income on rent, more than the 12% in Ferdinand.