Is 100K a good salary in Idaho?

As a market expert who has closely observed the economic landscape of Idaho, I often receive inquiries about salary expectations and living standards. One common question is, "Is 100K a good salary in Idaho?"In this blog, we will explore the cost of living, housing market, and overall quality of life in Idaho to determine whether $100K is a good salary in Idaho?" 

Understanding Idaho's Economy

Idaho has experienced significant growth in recent years, attracting new residents and businesses alike. The state's economy is diverse, with key industries including agriculture, technology, manufacturing, and tourism. This economic diversity contributes to a relatively stable job market, making Idaho an appealing destination for individuals and families looking to relocate.

The Cost of Living in Idaho

Before diving into whether $100K is a good salary, it's essential to understand the cost of living in Idaho. As of 2025, Idaho's cost of living is approximately 3% lower than the national average. Here’s a breakdown of major expenses you can expect:

1. Housing Costs
   
   
• Home Prices: The median home price in Idaho is around 450,000∗∗,making it more affordable than many other states. In cities like Boise, the median price can reach $450,000, making it more affordable than many other states. but options are available in smaller towns for much less.
• Rent Prices: Renting in Idaho is also manageable, with a one-bedroom apartment in Boise averaging $1600. 
2. Utilities
   
   
• Utility costs in Idaho are relatively low, averaging about $150/month for basic services. This is significantly lower than in many parts of the country, making Idaho an attractive place to live.
3. Groceries and Food
   
   
• The cost of groceries is about 3% lower than the national average, with a single person spending approximately $4,500 on food. Dining out can also be affordable ranging from $15-$25 a plate at a mid range restaurant. 
4. Transportation
   
   
• Transportation costs are reasonable, with a monthly public transit pass costing around $55. Gas prices are generally in line with national averages, allowing for affordable commuting.
5. Healthcare
   
   
• Healthcare costs in Idaho are about 10% lower than the national average, which is advantageous for residents. Having health insurance is essential, as it can significantly alleviate healthcare expenses.

Evaluating a $100K Salary

Now that we have an understanding of Idaho's cost of living, let’s evaluate how a $100K salary fits into this landscape.

1. Single Individual
   
   
• For a single person, a 100K salary translates to approximately 75,000 after taxes. This income allows for a comfortable lifestyle, covering housing, groceries, utilities, and entertainment, with plenty left over for savings and discretionary spending.
2. Couple Without Children
   
   
• For couples, a $100K salary can be even more advantageous. With combined income, they can afford a larger home or apartment while maintaining a comfortable lifestyle, including the ability to save for future goals like travel or retirement.
3. Family of Four
   
   
• For families, living on 100K is feasible but may require more careful budgeting. The average annual expenses for a family of four in Idaho run around $80,000, covering housing, food, healthcare, and education. While $100K provides some flexibility, families may want to consider additional income sources or savings to ensure a comfortable lifestyle.

Quality of Life in Idaho

One of the fantastic aspects of living in Idaho is not just the financial aspect but also the quality of life. Idaho is known for its stunning natural beauty, outdoor recreational activities, and strong sense of community. Here are some highlights:

• Outdoor Activities: From hiking in the Sawtooth National Recreation Area to skiing at Sun Valley, Idaho offers endless opportunities for adventure lovers.
• Cultural Experiences: Boise, Idaho's capital, boasts a vibrant arts scene, with museums, theaters, and festivals throughout the year.
• Family-Friendly Atmosphere: Idaho is known for its friendly communities, making it a great place to raise children. The state offers excellent schools and family-oriented activities.

Conclusion

So, is $100K a good salary in Idaho? The answer is a YES!!! With a median home price of $450,000 and a cost of living that is lower than the national average, a $100K salary provides a comfortable lifestyle for individuals and families alike.

As a market expert, I encourage anyone considering moving to Idaho to explore this wonderful state. With its growing economy, friendly communities, and beautiful landscapes, Idaho is a place where you can thrive both personally and professionally. Contact Kim for more information at 208-917-3494!