Cost of Living in Clark Fork, ID
Population: 981 | Idaho
Clark Fork is 21% less expensive than the national average.
Cost of Living in Clark Fork, ID: What You Need to Know
With a cost of living index of 79, Clark Fork, ID is a very affordable place to live. Living here is 21% cheaper than the national average and 7% below the Idaho state average of 87. Clark Fork is a small community of 981 residents.
Housing costs are the biggest factor in Clark Fork's cost of living. The median monthly rent is $1,071 (19% below the US median of $1,319), and the median home value sits at $177,800 (42% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.
The median household income in Clark Fork is $60,625, which is 19% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $60,625
- vs US Median ($75,149)
- -19%
Housing
- Median Rent
- $1,071/mo
- Median Home Value
- $177,800
- Median Monthly Housing Cost
- $853/mo