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Grace, ID vs Idaho City, ID

56
Grace
Idaho
VS
-13.2%
64
Idaho City
Idaho

Grace is moderately more affordable than Idaho City, with a 13.2% lower cost of living index. Grace scores 56 compared to 64 for Idaho City, where the US average is 100. This difference means residents of Idaho City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grace is $271/month compared to $776/month in Idaho City — a 65% difference. Interestingly, home values tell a different story: while Grace has cheaper rent, Idaho City actually has lower median home values ($94,500 vs $180,300).

Median household income in Grace is $69,286 compared to $41,111 in Idaho City (+68.5%). Grace offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grace spend roughly 4.7% of their income on rent, less than the 22.7% in Idaho City.

Income & Cost

Cost of Living Index
Grace
56
13% cheaper
Idaho City
64
Median Household Income
Grace
$69,286
41% higher
Idaho City
$41,111

Housing

Median Rent
Grace
$271
65% cheaper
Idaho City
$776
Median Home Value
Grace
$180,300
Idaho City
$94,500
48% cheaper
Population
Grace
1,345
Idaho City
556

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Grace $2.91
Idaho City $2.94
US $3.07
🥚
Eggs (grade A, large)
Grace $2.37
Idaho City $2.40
US $2.50
🥛
Milk (whole)
Grace $3.82
Idaho City $3.86
US $4.03
🍞
Bread (white)
Grace $1.75
Idaho City $1.77
US $1.85
🍗
Chicken breast
Grace $3.93
Idaho City $3.97
US $4.14
Electricity
Grace $0.14
Idaho City $0.13
US $0.19