Cost of Living in Driggs, ID

With a cost of living index of 105, Driggs, ID is somewhat more expensive than average. Living here is 5% more expensive than the national average and 18% above the Idaho state average of 87. Driggs is a small community of 2,655 residents.

Housing costs are the biggest factor in Driggs's cost of living. The median monthly rent is $1,160 (12% below the US median of $1,319), and the median home value sits at $457,800 (50% above the national median of $304,900). At current prices, the median home costs roughly 5.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Driggs is $82,434, which is 10% higher than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.