Is boise idaho expensive to live?
When you
look around the Boise metropolitan area, it’s not hard to see why the City of Trees attracts everyone’s attention. Surrounded by picturesque hills and snow-capped mountains, Boise offers an outdoor atmosphere with enough culture and industry in the metropolitan area to please almost everyone. Commuting to work is short, outdoor recreation is plentiful, and amenities such as the famous Boise River Greenbelt and sprawling city parks have garnered nationwide attention. If you ask for a new boise transplant where they come from, many of them will list places like southern California, western Oregon, and Washington.
Californians make up highest percentage of new residents in Idaho, with newcomers from Washington reaching second-highest population influx. If you ask the reasons why they are moving, the cost of living is listed above. Boise home prices have risen nearly 20% in the past year, but we predict that the Boise market is heading towards a more balanced balance in the coming months. Good news for all potential homebuyers. In both Sacramento and Seattle, house prices are the main contributor to inflated cost of living.
Seattle housing costs are indexed 224 meaning a house in Seattle will cost you more than double a house in Boise. While the cost of boise apartments has risen in recent years, the market is still incredibly affordable compared to many other western cities. Whether you want to rent or buy, you end up paying for energy and other utilities such as water, sewer, and trash. The good news is that Idaho’s total utility costs are consistently below the national average.
Boise’s supply index stands at 82, meaning the city’s typical service costs are 18% below the national average. Here’s a quick breakdown of typical operating costs in Boise. In recent years, popular grocery chains such as Trader Joe’s and Whole Foods have joined the Boise area. Boise-based grocery chain Winco is a low-price leader in the region.
At the other end of the spectrum, you’ll find Albertsons, also headquartered in Boise. Fred Meyers, Wal-Mart and Costco also have significant footprints in the Treasure Valley area, providing area residents with wide access to affordable and varied food options. Gas prices in Boise tend to be similar to or slightly higher than the national average and change with demand in a somewhat small regional market, prompting many residents to cycle or carpool to work. Boise is known for its active community and increasingly bike-friendly roads, making cycling a popular way to get to work downtown.
Boise healthcare costs are slightly above the national average. Health care costs take into account the normal daily rate for a hospital room, the cost of a doctor’s visit and a dental examination. All in all, Boise’s healthcare cost index is 1% above the national average. Boise has the added benefit of wide access to healthcare facilities, including the currently growing St
Luke’s Downtown Campus and St.. Alphonsus Medical Group Network of Hospitals and Healthcare Providers. Luke’s is working on expanding and improving its children’s hospital, while St.. Alphonsus has recently opened a new maternity center in Nampa.
Boise is known to be business-friendly with low tax rates and little regulation, which entices big companies to choose the city for their headquarters, and entrepreneurs to choose Boise as their home for their startups. Get first Boise area list updates, save favorites %26 much more Already have a We Know Boise account? Sign in.
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