Hagerman, ID vs Soda Springs, ID
Soda Springs is moderately more affordable than Hagerman, with a 5.8% lower cost of living index. Hagerman scores 79 compared to 74 for Soda Springs, where the US average is 100. This difference means residents of Hagerman can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Hagerman is $1,045/month compared to $826/month in Soda Springs — a 27% difference. Interestingly, home values tell a different story: while Soda Springs has cheaper rent, Hagerman actually has lower median home values ($189,600 vs $204,800).
Median household income in Hagerman is $59,250 compared to $47,480 in Soda Springs (+24.8%). 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, more than the 20.9% in Soda Springs.
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