Bonners Ferry, ID vs Franklin, ID

Bonners Ferry is moderately more affordable than Franklin, with a 9.5% lower cost of living index. Bonners Ferry scores 86 compared to 95 for Franklin, where the US average is 100. This difference means residents of Franklin can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bonners Ferry is $1,043/month compared to $1,205/month in Franklin — a 13% difference. Home values follow the same pattern: Bonners Ferry is more affordable at $272,000 median vs $318,200.

Median household income in Bonners Ferry is $54,107 compared to $64,375 in Franklin (-16%). While Franklin 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, more than the 22.5% in Franklin.