Spirit Lake, ID vs Teton, ID
There is a significant gap in the cost of living between these two cities. Teton is 17.4% cheaper than Spirit Lake. With a cost index of 82 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Teton to Spirit Lake should plan for substantially higher expenses across most categories.
On the housing front, median rent in Spirit Lake is $1,003/month compared to $869/month in Teton — a 15% difference. Home values follow the same pattern: Teton is more affordable at $278,800 median vs $380,800.
Median household income in Spirit Lake is $60,938 compared to $77,667 in Teton (-21.5%). Teton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Spirit Lake spend roughly 19.8% of their income on rent, more than the 13.4% in Teton.
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