New Meadows, ID vs Oakley, ID

There is a significant gap in the cost of living between these two cities. Oakley is 19.1% cheaper than New Meadows. With a cost index of 70 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakley to New Meadows should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Meadows is $933/month compared to $642/month in Oakley — a 45% difference. Home values follow the same pattern: Oakley is more affordable at $220,000 median vs $275,000.

Median household income in New Meadows is $65,250 compared to $93,333 in Oakley (-30.1%). Oakley offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Meadows spend roughly 17.2% of their income on rent, more than the 8.3% in Oakley.