Horseshoe Bend, ID vs New Plymouth, ID

Horseshoe Bend, ID and New Plymouth, ID have a very similar cost of living, with only a 2.6% difference in their overall index. Horseshoe Bend scores 77 while New Plymouth scores 79 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 Horseshoe Bend is $883/month compared to $988/month in New Plymouth — a 11% difference. Interestingly, home values tell a different story: while Horseshoe Bend has cheaper rent, New Plymouth actually has lower median home values ($199,200 vs $205,300).

Median household income in Horseshoe Bend is $54,236 compared to $59,875 in New Plymouth (-9.4%). While New Plymouth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Horseshoe Bend spend roughly 19.5% of their income on rent, less than the 19.8% in New Plymouth.