Hagerman, ID vs Homedale, ID

Hagerman, ID and Homedale, ID have a very similar cost of living, with only a 0.4% difference in their overall index. Hagerman scores 79 while Homedale scores 78 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 Hagerman is $1,045/month compared to $951/month in Homedale — a 10% difference. Interestingly, home values tell a different story: while Homedale has cheaper rent, Hagerman actually has lower median home values ($189,600 vs $200,000).

Median household income in Hagerman is $59,250 compared to $49,764 in Homedale (+19.1%). While Hagerman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hagerman spend roughly 21.2% of their income on rent, less than the 22.9% in Homedale.