Cost of Living in Murphy, ID
Population: 188 | Idaho
Murphy is 7% less expensive than the national average.
Cost of Living in Murphy, ID: What You Need to Know
With a cost of living index of 93, Murphy, ID is slightly more affordable than average. Living here is 7% cheaper than the national average and 6% above the Idaho state average of 87. Murphy is a small community of 188 residents.
The median household income in Murphy is $75,521, which is 0% higher than the national median of $75,149.
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.
Income
- Median Household Income
- $75,521
- vs US Median ($75,149)
- +0%
Housing
- Median Home Value
- $246,900
Everyday Prices in Murphy
BLS Average Prices for the Boise City, ID (Metropolitan Statistical Area) area