Hammett, ID vs Smelterville, ID

There is a significant gap in the cost of living between these two cities. Smelterville is 17% cheaper than Hammett. With a cost index of 67 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Smelterville to Hammett should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hammett is $1,065/month compared to $825/month in Smelterville — a 29% difference. Home values follow the same pattern: Smelterville is more affordable at $117,600 median vs $160,600.

Median household income in Hammett is $27,482 compared to $46,597 in Smelterville (-41%). Smelterville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hammett spend roughly 46.5% of their income on rent, more than the 21.2% in Smelterville. The Smelterville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.