Boise, ID

Above Avg · 112

Idaho · Population 235,701 · Updated March 2026

$1,359
Median Rent / Month
$81,308
Median Income
$456,000
Median Home Value
$1,337
Owner Costs / Month

Affordability

How far your income goes in Boise

20.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Idaho

State-level tax rates that affect your costs

5.8%
Income Tax (Top Rate)
6.0%
State Sales Tax
0.63%
Property Tax Rate

Estimated Annual Costs

$16,308
Annual Rent
$4,716
State Income Taxtop marginal rate
$2,873
Property Tax (est.)

Cost of Living Overview

Boise is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 112 (where 100 equals the national median), Boise residents can expect to pay median rent of $1,359/month while earning a median household income of $81,308/year.

The median home value in Boise, ID is $456,000, with typical monthly owner costs around $1,337 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Idaho has a moderate income tax rate of 5.8%. Combined with a 6.0% sales tax rate and 0.63% effective property tax rate, the overall tax environment is a factor in the total cost of living in Boise.

Frequently Asked Questions

Common questions about living costs in Boise

What is the cost of living in Boise, ID?
The cost of living index in Boise, ID is 112 (US average = 100). Median monthly rent is $1,359, median household income is $81,308/year, and the median home value is $456,000.
Is Boise, ID affordable?
No, Boise is more expensive than the national average with a cost index of 112. The rent-to-income ratio is 20.1%—below the 30% threshold considered affordable by HUD.
What is the average rent in Boise, ID?
The median gross rent in Boise, ID is $1,359 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,308.
What is the median household income in Boise?
The median household income in Boise, ID is $81,308 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Idaho?
Idaho has a top income tax rate of 5.8%, a sales tax of 6.0%, and an effective property tax rate of 0.63%.

Compare Boise With

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Compare the cost of living in Boise, ID with 299 other major U.S. cities

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