Bonners Ferry, ID vs Shelley, ID

Bonners Ferry, ID and Shelley, ID have a very similar cost of living, with only a 4.6% difference in their overall index. Bonners Ferry scores 86 while Shelley scores 90 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 $1,212/month in Shelley — a 14% difference. Interestingly, home values tell a different story: while Bonners Ferry has cheaper rent, Shelley actually has lower median home values ($267,200 vs $272,000).

Median household income in Bonners Ferry is $54,107 compared to $63,864 in Shelley (-15.3%). While Shelley 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 22.8% in Shelley.