Cost of Living in Fernan Lake Village, ID

With a cost of living index of 123, Fernan Lake Village, ID is a notably expensive place to live. Living here is 23% more expensive than the national average and 36% above the Idaho state average of 87. Fernan Lake Village is a small community of 138 residents.

The median household income in Fernan Lake Village is $118,750, which is 58% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Coeur d'Alene, ID (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.