Bonners Ferry, ID vs Buhl, ID
Bonners Ferry, ID and Buhl, ID have a very similar cost of living, with only a 1% difference in their overall index. Bonners Ferry scores 86 while Buhl scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Bonners Ferry is $1,043/month compared to $1,265/month in Buhl — a 18% difference. Interestingly, home values tell a different story: while Bonners Ferry has cheaper rent, Buhl actually has lower median home values ($192,600 vs $272,000).
Median household income in Bonners Ferry is $54,107 compared to $46,217 in Buhl (+17.1%). While Bonners Ferry is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bonners Ferry spend roughly 23.1% of their income on rent, less than the 32.8% in Buhl. The Bonners Ferry ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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