Ferdinand, ID vs Mud Lake, ID

Ferdinand is moderately more affordable than Mud Lake, with a 10.8% lower cost of living index. Ferdinand scores 69 compared to 77 for Mud Lake, where the US average is 100. This difference means residents of Mud Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ferdinand is $613/month compared to $1,053/month in Mud Lake — a 42% difference. Interestingly, home values tell a different story: while Ferdinand has cheaper rent, Mud Lake actually has lower median home values ($160,700 vs $215,400).

Median household income in Ferdinand is $61,250 compared to $65,000 in Mud Lake (-5.8%). The higher salaries in Mud Lake partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Ferdinand spend roughly 12% of their income on rent, less than the 19.4% in Mud Lake.