What is the average cost of living in Nampa, ID?

With a cost of living index of 91, 9% below the national average of 100, Nampa remains a budget-friendly haven in the Treasure Valley. A single person’s monthly expenses average $2,213, covering housing, utilities, groceries, transportation, and healthcare.

Housing Costs in Nampa, ID

Housing drives Nampa’s affordability. The median home price is $393,920, competitive yet slightly above the national average of $370,489 due to Idaho’s booming market. Renters enjoy a median rent of $1,000 for a two-bedroom apartment, a bargain compared to Boise’s higher rates. First-time buyers can explore Nampa’s diverse neighborhoods for cost-effective options.

Utility Expenses

Nampa’s average electricity bill is $106.84 monthly, powered by Idaho Power’s low 11.89 cents per kWh rate, fueled by 55% hydroelectric energy. Total utilities, including water, gas, and internet, average $367.87 per month. Energy-saving tips like LED lighting or solar panels can further cut costs.

Groceries and Transportation

Grocery expenses average $281 monthly for one person, aligning with national norms. Transportation costs, including gas and maintenance, total $5,316 annually, with gas prices near $3.50 per gallon, close to the U.S. average.

Healthcare and Taxes

Healthcare averages $6,714 per person yearly, comparable nationally. Nampa’s 6% sales tax and 5.8% flat state income tax keep tax burdens low.

As your trusted Nampa expert, I recommend leveraging Idaho Power’s conservation programs and exploring local real estate trends to maximize savings. Contact me for tailored advice on thriving affordably in Nampa, ID!

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