Hansen, ID vs Mud Lake, ID

Hansen is moderately more affordable than Mud Lake, with a 11.7% lower cost of living index. Hansen scores 68 compared to 77 for Mud Lake, where the US average is 100. This difference means residents of Mud Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hansen is $724/month compared to $1,053/month in Mud Lake — a 31% difference. Interestingly, home values tell a different story: while Hansen has cheaper rent, Mud Lake actually has lower median home values ($160,700 vs $178,600).

Median household income in Hansen is $47,396 compared to $65,000 in Mud Lake (-27.1%). While Mud 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 Hansen spend roughly 18.3% of their income on rent, less than the 19.4% in Mud Lake.