Cost of Living in Boise, Idaho

Hey guys, Randy here. I’m a Realtor® with NextHome Treasure Valley. Today we’re talking about the cost of living in Boise, Idaho.

 

Recently I was at a party, gathering if you will. There were some people there that I met there—very nice people from Eastern Washington. We were chatting, and I told them that I’m a Realtor® in the Boise area, and the cost of living came up. I thought, well, that’d be a great video idea. There are two websites that I use. The first one is bankrate.com. You can go to this yourself. I have no affiliation with them at all. The second is bestplaces.net.

What you do is simple. You just put in where you live now. I went to Riverside, California, a few weeks ago, so we’ll use that as an example. Then you’re going to be moving to, say, Boise Idaho. Then what’s your annual income? I’m going to leave the default $50,000, but you can put whatever you want. The numbers are still going to crunch no matter what. A salary of $50,000 in Riverside California, could decrease to $36,243 in Boise, Idaho. Comparison Highlights Overall – Boise, Idaho is 22.2% cheaper than Riverside, California. The median home cost is the highest cost of living difference, and the medium home cost is 25% less expensive in Boise.

It breaks down what it’s talking about here. Riverside, California’s median home cost is $409,000 instead of Boise, Idaho, which is $303,100. Do your due diligence on these numbers. On bankrate.com’s cost of living calculator, the reason why I’m not using this as my primary example if you go to Boise City, Idaho, from say Abilene, Texas. It shows the housing cost median in Boise at $203,936, and I would say this is not the case right now. That’s why I’m leaning more towards the bestplaces.net calculator, but as I said, do your due diligence and check things out for yourself. But, these are great tools to get an idea of moving to Boise, Idaho might be the right thing for you. Like we can see we’re a little bit higher on health costs here. However, everything else seems to be lower for Boise Idaho. Including things like transportation and utilities.

I found the best way to pick a different city to calculate would be to click on the cost of living calculator, and it cleans everything out. As another example, a salary of $50,000 in White Plains, New York, could decrease to $28,932 in Boise, Idaho. The median home cost is 54% cheaper. The median home costs in White Plains, New York is $672,000 instead of Boise, Idaho at $303,000, that’s a big difference. Across the board, everything is less. That’s a larger place, and I recommend you go to bestplaces.net and use the calculator yourself. Put in where you live, don’t just take the examples that I’m giving.

I need to go over because I am a Realtor® in the Mountain Home and Boise area is the difference between Mountain Home and Boise. Mountain Home is about 30 to 40 miles from Boise. A salary of $50 000 in Boise, Idaho, could decrease to $40,534 in Mountain Home, Idaho. The median house cost is between $303,000 to $185,600. I will tell you as a Realtor® here in Mountain Home. It’s getting harder to find a house right now at $185,600 and even Boise, the $303,000 because things are moving so fast here. I think you have to realize that there might be a little bit of inflation in both places. But this is more accurate than what in my opinion than what bankrate.com is showing. You can’t even pull up Mountain Home, Idaho, on bankrate.com. It does show that utilities are a little bit higher in Mountain Home, as well as healthcare.

Anyways, if any of that interests you and you want to check out more, go to bestplaces.net. If you would like a free relocation guide to the Treasure Valley, go to tvguide.RandyWRealEstate.com. For those of you old enough to remember tv guide, I smile. I recommend checking out the moving to Idaho video and the Mountain Home pros and cons video if you are interested in moving out this way. I give you a little bit more information on those videos. Thanks a million for reading this whole blog, and we’ll see you next Friday!

I hope you have a great day.

 

Thanks!

Moving to Idaho?

Hey guys, this is Randy with NextHome Treasure Valley. I’m a Realtor® here in Mountain Home Idaho and the Boise Idaho areas. This week we’re going to look at moving to Idaho.

 

 

Hey guys, I recently took a trip to California. I grew up there, but I’ve been living in Idaho since May of 2000. I’ve been back occasionally, but it’s probably been eight years or so.

All of this is just my opinion, of course. But, it was fascinating to me while talking to many people, not only one group but multiple groups. I had many friends and family spread out throughout Southern California. I went to many different places, and the one thing that I noticed with conversations to these die-hard Californians is that a lot of them are not happy. There’s a lot of people not happy. And I know that if they’re not satisfied in California, they’re probably not satisfied in other states as well. There were a lot of conversations about moving to Idaho.

A couple of weeks ago, a Realtor® friend from Texas that I went to high school with messaged me. He told me that he has seen a couple of videos about Idaho not wanting Californians to move here. He asked, “does Idaho hates Californians? I replied, “well, I’m not sure. A few do. But, I think overall, that’s not the case.”

I think a lot of people are very welcoming to people from out of state coming in. I think the main thing would be to leave Idaho how you found it. It’s like moving into an apartment, or something with somebody for a couple of months, or having someone move into your apartment. The first thing they want to do is come in and move the couch around and everything to suit them.

I think that’s where a lot of people have a problem. It’s not the people coming in, it’s just that they want to keep Idaho the way it is. A lot of people welcome you with open arms. There’s a lot of people here excited about the growth. I think that’s something to keep in mind, and that’s not just for California, but f you’re coming here from other states. Many people from Idaho that I’ve had conversations with that are cynical about people from California moving here are ex-Californians themselves. They’ve been here for 10 – 15 years, so they feel like they don’t want the new crop. Ironic? Or they have family that was from California originally.

Idaho has a lot to offer. There are boating and skiing. One thing that kept coming up in the conversations that I had with people was, “what about the gun laws there?”

Well, the gun laws are a lot more lack in Idaho. I’m not a gun expert by any means, but I know we have concealed carry for the Idaho residents, although there are rules, of course. So, that was appealing to a lot of people.

Traffic was a big subject from California. But, I’m sure it’s a big thing from many other states as well. And the question was, “does Idaho have a lot of traffic?”

Well, that depends on who you ask. To me, no, it’s not that bad yet. But, I think if we keep growing the way we are and they don’t plan for that accordingly, then traffic could get worse and I’m not going to lie, my 30 minute trip from Mountain Home to Boise sometimes will take about an hour and a half, depending on construction or accidents.

They also asked about housing costs. Well, it’s affordable compared to the Nationwide prices. It’s exceptionally cheap, coming from California. I watched a video of a news clip from San Francisco, and I think it was from 2017 or 2018. It showed the median housing costs in San Francisco was 1.3 million, I believe, and in Boise at the time was $300,000. So, it was like literally something like a million dollars difference. You can see the appeal of people wanting to move to Idaho.

The key, as I said before, is not to change things. I think many people would be more welcoming if they knew that people would enjoy Idaho how most people from Idaho love Idaho. That’s a lot of Idahos! But, you understand what I’m saying. It’s just like if you move to California, from Idaho, you’re not going to go down there saying, “oh, we’re going to make this into the new Idaho.”

It’s just not going to happen. Or to Texas, or wherever. So anyway, as I said, this is just my opinion. I’m not an expert by any means. I live in Idaho, and I grew up in California, so I’ve experienced both places. It was nice to go back to California. It was nice to be back where I grew up for a little while, but I was happy to return to Idaho.

So, what do you think? Do you agree with me, do you disagree? Comment if you have other thoughts. If you like what you read, please like, and subscribe. The Mountain Home video goes over a lot of this stuff, and it talks about the town that I live in, Mountain Home Idaho. So, if you’re looking to move to Boise or Mountain Home, it might be an idea for you. Also, Mountain Home is about 30 miles away, and housing cost is a little bit lower than what it is in Boise. If you want a free relocation guide, click on this link, and you can get a free download, just put in your email address, and you can download your relocation guide for moving to the Treasure Valley. It doesn’t go over Mountain Home, but it does go over the Treasure Valley, which Boise is in the Treasure Valley. Amongst another group of cities there. So anyway, thank you for sticking with me this far! I hope you have a great day, and I’ll see you next Friday. Thank you.