Cost of Living in Garden Valley, ID

With a cost of living index of 86, Garden Valley, ID is a very affordable place to live. Living here is 14% cheaper than the national average and in line with the Idaho state average. Garden Valley is a small community of 364 residents.

The median household income in Garden Valley is $91,042, which is 21% higher than the national median of $75,149. Residents spend roughly 12% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Boise City, 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.