Idaho City, ID vs Murphy, ID

The cost of living difference between Idaho City, ID and Murphy, ID is dramatic. Idaho City is 31.1% cheaper than Murphy, a gap that translates to thousands of dollars per year in household expenses. Idaho City has a cost index of 64 while Murphy sits at 93, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Idaho City are $94,500 compared to $246,900 in Murphy, a 62% gap.

Median household income in Idaho City is $41,111 compared to $75,521 in Murphy (-45.6%). While Murphy is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.