Murphy, ID vs Newdale, ID
Murphy, ID and Newdale, ID have a very similar cost of living, with only a 4.8% difference in their overall index. Murphy scores 93 while Newdale scores 98 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.
When it comes to buying, median home values in Murphy are $246,900 compared to $291,700 in Newdale, a 15% gap.
Median household income in Murphy is $75,521 compared to $71,250 in Newdale (+6%). Murphy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.
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