Fernan Lake Village, ID vs Smiths Ferry, ID
There is a significant gap in the cost of living between these two cities. Smiths Ferry is 26.6% cheaper than Fernan Lake Village. With a cost index of 97 vs 123, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Smiths Ferry to Fernan Lake Village should plan for substantially higher expenses across most categories.
Median household income in Fernan Lake Village is $118,750 compared to $83,750 in Smiths Ferry (+41.8%). 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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