Cost of Living in Victor, ID

With a cost of living index of 118, Victor, ID is a notably expensive place to live. Living here is 18% more expensive than the national average and 31% above the Idaho state average of 87. Victor is a small community of 3,024 residents.

Housing costs are the biggest factor in Victor's cost of living. The median monthly rent is $1,210 (8% below the US median of $1,319), and the median home value sits at $591,500 (94% above the national median of $304,900). At current prices, the median home costs roughly 8x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Victor is $73,664, which is 2% lower than the national median of $75,149. Residents spend roughly 20% 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.