Bonners Ferry, ID vs Hayden Lake, ID

The cost of living difference between Bonners Ferry, ID and Hayden Lake, ID is dramatic. Bonners Ferry is 43.9% cheaper than Hayden Lake, a gap that translates to thousands of dollars per year in household expenses. Bonners Ferry has a cost index of 86 while Hayden Lake sits at 154, 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.

On the housing front, median rent in Bonners Ferry is $1,043/month compared to $2,036/month in Hayden Lake — a 49% difference. Home values follow the same pattern: Bonners Ferry is more affordable at $272,000 median vs $706,900.

Median household income in Bonners Ferry is $54,107 compared to $104,500 in Hayden Lake (-48.2%). While Hayden Lake 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 23.4% in Hayden Lake.