Fernan Lake Village, ID vs Oxford, ID
There is a significant gap in the cost of living between these two cities. Oxford is 28.6% cheaper than Fernan Lake Village. With a cost index of 96 vs 123, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oxford to Fernan Lake Village should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Fernan Lake Village are $598,700 compared to $281,300 in Oxford, a 113% gap.
Median household income in Fernan Lake Village is $118,750 compared to $72,500 in Oxford (+63.8%). While Fernan Lake Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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