Cost of Living in Homedale, ID

Population 3,006 · Idaho · Data vintage 2023

68
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Homedale sits on the smaller end of the Idaho city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Homedale sits roughly 20 miles west of Nampa — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 40% lower than Nampa's $333,000.

Cost Overview

Housing 66
Rent 72

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Homedale

The median home value in Homedale is $200,000 — 34% below the national median of $305,000. Median rent runs $951/month, 28% lower than the national median of $1,314/month. The median household income of $49,764/year is 33% lower than the US median of $74,580. The local unemployment rate is 5.7%, 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, Homedale has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.

🏠 Housing

Median Home Value
$200,000
34% below avg
Zillow Home Value
$262,396
Zillow ZHVI
Median Rent
$951/mo
28% below avg
Price-to-Rent Ratio
17.5x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$752
1 BR
$822
2 BR
$982
3 BR
$1,367
4 BR
$1,643
Owner-occupied 63.3%
Renter-occupied 36.8%

💰 Estimated Monthly Budget

Rent median rent
$951
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,565/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.3 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.0%

Commute Mode

Drove alone
76.4%
Carpooled
9.4%
Public transit
2.5%
Walked
6.6%
Work from home
5.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$49,764
33% below avg
Per Capita Income
$20,264
Unemployment Rate
5.7%
18% above avg
Poverty Rate
19.7%
Labor Force Participation
61.1%

🎓 Education

Bachelor's degree+ 5.9%
Graduate degree 4.5%

👥 Demographics

Median Age 30.9
Male median age 28.2
Female median age 35.3

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
18.3:1
Student-teacher ratio
3
Public schools
1,223
Total enrollment

Frequently Asked Questions

What is the cost of living in Homedale, ID?

Homedale has a cost index of 68 (100 = national average). It is 32% below the national average.

What is average rent in Homedale, ID?

The median gross rent in Homedale is $951 per month based on 2023 Census data.

What is the average home price in Homedale?

The median home value in Homedale is $200,000 according to Zillow and Census data.

What is the median income in Homedale?

The median household income in Homedale is $49,764 per year (2023 ACS 5-year estimates).

What is the sales tax in Homedale, ID?

The combined state and local sales tax rate in Homedale is 6.0%. The Idaho state income tax top rate is 5.8%.

Is Homedale, ID affordable?

Yes, Homedale is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.

Homedale at a Glance

Population
3,006
Median Income
$49,764
Home Value
$200,000
Median Rent
$951/mo
Unemployment
5.7%
Sales Tax
6.0%
View all cities in Idaho →
🗺️ County data for Idaho

Explore county-level cost of living data

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