Cost of Living in Hailey, ID
Population 9,439 · Idaho · Data vintage 2023
(100 = US avg)
Hailey's housing market reflects its status as a high-earning metro: $575,000 for a typical home, 88% above the US median, paired with household incomes around $83,084 that put it in the upper third of the state.
Geographically, Hailey lies roughly 95 miles east of the nearest major metro, Boise City. Median home values run roughly 26% higher than Boise City's $456,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hailey
The median home value in Hailey is $574,500 — 88% above the national median of $305,000. Median rent runs $1,196/month, 9% lower than the national median of $1,314/month. The median household income of $83,084/year is 11% higher than the US median of $74,580. The local unemployment rate is 3.4%, below 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, Hailey has a cost of living index of 149 versus the US average of 100, meaning it is 49% more expensive.
Hailey 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Hailey, ID?
Hailey has a cost index of 149 (100 = national average). It is 49% above the national average.
What is average rent in Hailey, ID?
The median gross rent in Hailey is $1,196 per month based on 2023 Census data.
What is the average home price in Hailey?
The median home value in Hailey is $574,500 according to Zillow and Census data.
What is the median income in Hailey?
The median household income in Hailey is $83,084 per year (2023 ACS 5-year estimates).
What is the sales tax in Hailey, ID?
The combined state and local sales tax rate in Hailey is 6.0%. The Idaho state income tax top rate is 5.8%.
Is Hailey, ID affordable?
Hailey is above average in cost of living, with an index of 149 — about 49% higher than the national average.
Hailey at a Glance
- Population
- 9,439
- Median Income
- $83,084
- Home Value
- $574,500
- Median Rent
- $1,196/mo
- Unemployment
- 3.4%
- Sales Tax
- 6.0%
Explore county-level cost of living data
Idaho Rankings
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