Cost of Living in Gooding, ID
Population 3,731 · Idaho · Data vintage 2023
(100 = US avg)
Household incomes in Gooding run well below national norms — a median of $36,889 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $176,000). At 14.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Gooding lies roughly 90 miles southeast of the nearest major metro, Boise City. Median home values run roughly 61% lower than Boise City's $456,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Gooding
The median home value in Gooding is $175,800 — 42% below the national median of $305,000. Median rent runs $869/month, 34% lower than the national median of $1,314/month. The median household income of $36,889/year is 51% lower than the US median of $74,580. The local unemployment rate is 14.0%, above the national average of 4.8%. Idaho's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Gooding has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.
Gooding has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Gooding, ID?
Gooding has a cost index of 61 (100 = national average). It is 39% below the national average.
What is average rent in Gooding, ID?
The median gross rent in Gooding is $869 per month based on 2023 Census data.
What is the average home price in Gooding?
The median home value in Gooding is $175,800 according to Zillow and Census data.
What is the median income in Gooding?
The median household income in Gooding is $36,889 per year (2023 ACS 5-year estimates).
What is the sales tax in Gooding, ID?
The combined state and local sales tax rate in Gooding is 6.0%. The Idaho state income tax top rate is 5.8%.
Is Gooding, ID affordable?
Yes, Gooding is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.
Gooding at a Glance
- Population
- 3,731
- Median Income
- $36,889
- Home Value
- $175,800
- Median Rent
- $869/mo
- Unemployment
- 14.0%
- Sales Tax
- 6.0%
Explore county-level cost of living data
Idaho Rankings
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