Downey, ID vs Spirit Lake, ID
There is a significant gap in the cost of living between these two cities. Downey is 26.3% cheaper than Spirit Lake. With a cost index of 71 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Downey to Spirit Lake should plan for substantially higher expenses across most categories.
On the housing front, median rent in Downey is $893/month compared to $1,003/month in Spirit Lake — a 11% difference. Home values follow the same pattern: Downey is more affordable at $153,000 median vs $380,800.
Median household income in Downey is $46,000 compared to $60,938 in Spirit Lake (-24.5%). The higher salaries in Spirit Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Downey spend roughly 23.3% of their income on rent, more than the 19.8% in Spirit Lake.
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