Gooding, ID vs Paul, ID
Gooding, ID and Paul, ID have a very similar cost of living, with only a 3.5% difference in their overall index. Gooding scores 73 while Paul scores 76 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 Gooding is $869/month compared to $788/month in Paul — a 10% difference. Interestingly, home values tell a different story: while Paul has cheaper rent, Gooding actually has lower median home values ($175,800 vs $251,200).
Median household income in Gooding is $36,889 compared to $62,830 in Paul (-41.3%). While Paul is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gooding spend roughly 28.3% of their income on rent, more than the 15.1% in Paul.
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