Cost of Living in Malad City, ID

With a cost of living index of 79, Malad City, ID is a very affordable place to live. Living here is 21% cheaper than the national average and 8% below the Idaho state average of 87. Malad City is a small community of 2,441 residents.

Housing costs are the biggest factor in Malad City's cost of living. The median monthly rent is $965 (27% below the US median of $1,319), and the median home value sits at $210,300 (31% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Malad City is $75,500, which is 0% higher than the national median of $75,149. Residents spend roughly 15% 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.