Gooding, ID vs Spirit Lake, ID

There is a significant gap in the cost of living between these two cities. Gooding is 23.7% cheaper than Spirit Lake. With a cost index of 73 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gooding to Spirit Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gooding is $869/month compared to $1,003/month in Spirit Lake — a 13% difference. Home values follow the same pattern: Gooding is more affordable at $175,800 median vs $380,800.

Median household income in Gooding is $36,889 compared to $60,938 in Spirit Lake (-39.5%). While Spirit Lake 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 19.8% in Spirit Lake.