Burley, ID

Very Low · 67

Idaho · Population 11,721 · Updated March 2026

$920
Median Rent / Month
$63,315
Median Income
$213,700
Median Home Value
$960
Owner Costs / Month

Affordability

How far your income goes in Burley

17.4%
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%
Sales Tax
0.63%
Property Tax Rate

Estimated Annual Costs

$11,040
Annual Rent
$3,672
State Income Tax
$1,346
Property Tax (est.)

Cost of Living Overview

Burley is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 67 (where 100 equals the national median), Burley residents can expect to pay median rent of $920/month while earning a median household income of $63,315/year.

The median home value in Burley, ID is $213,700, with typical monthly owner costs around $960 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.4% 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 Burley.

Frequently Asked Questions

Common questions about living costs in Burley

What is the cost of living in Burley, ID?
The cost of living index in Burley, ID is 67 (US average = 100). Median monthly rent is $920, median household income is $63,315/year, and the median home value is $213,700.
Is Burley, ID affordable?
Yes, Burley is more affordable than the national average with a cost index of 67. The rent-to-income ratio is 17.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Burley, ID?
The median gross rent in Burley, ID is $920 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,040.
What is the median household income in Burley?
The median household income in Burley, ID is $63,315 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%.