Homedale, ID vs Payette, ID
Homedale, ID and Payette, ID have a very similar cost of living, with only a 0.1% difference in their overall index. Homedale scores 78 while Payette 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 Homedale is $951/month compared to $846/month in Payette — a 12% difference. Interestingly, home values tell a different story: while Payette has cheaper rent, Homedale actually has lower median home values ($200,000 vs $247,700).
Median household income in Homedale is $49,764 compared to $55,455 in Payette (-10.3%). While Payette is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Homedale spend roughly 22.9% of their income on rent, more than the 18.3% in Payette.
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