Cost of Living in Payette, ID

Population 8,358 · Idaho · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Payette is a smaller Idaho community of around 8000 residents, where median household incomes of $55,455 and housing costs ($248,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 40 miles northwest of Nampa, Payette falls within that metro's commuting orbit. Median home values run roughly 26% lower than Nampa's $333,000.

Cost Overview

Housing 81
Rent 64

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

About the Cost of Living in Payette

The median home value in Payette is $247,700 — 19% below the national median of $305,000. Median rent runs $846/month, 36% lower than the national median of $1,314/month. The median household income of $55,455/year is 26% lower than the US median of $74,580. The local unemployment rate is 5.6%, 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%. The climate averages highs of 66.5°F and lows of 40.9°F. Overall, Payette has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$247,700
19% below avg
Zillow Home Value
$356,947
Zillow ZHVI
Median Rent
$846/mo
36% below avg
Price-to-Rent Ratio
24.4x
Favors renting
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 55.0%
Renter-occupied 45.0%

💰 Estimated Monthly Budget

Rent median rent
$846
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,460/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
24.4 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.4%

Commute Mode

Drove alone
90.2%
Carpooled
5.2%
Walked
2.3%
Work from home
2.4%

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
$55,455
26% below avg
Per Capita Income
$25,340
Unemployment Rate
5.6%
17% above avg
Poverty Rate
13.8%
Labor Force Participation
55.6%

🎓 Education

Bachelor's degree+ 8.7%
Graduate degree 5.6%

👥 Demographics

Median Age 34.8
Male median age 38.6
Female median age 31.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
66.5°F
Avg Low
40.9°F
Annual Precip
9.5"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384758667685959383675039
Low °F 242834394855625949393024
Precip" 1.380.890.970.771.170.720.260.120.290.640.881.39

🏫 Schools

NCES CCD 2019 — public school district data

72%
4-Year Graduation Rate
16.5:1
Student-teacher ratio
4
Public schools
1,390
Total enrollment

Frequently Asked Questions

What is the cost of living in Payette, ID?

Payette has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Payette, ID?

The median gross rent in Payette is $846 per month based on 2023 Census data.

What is the average home price in Payette?

The median home value in Payette is $247,700 according to Zillow and Census data.

What is the median income in Payette?

The median household income in Payette is $55,455 per year (2023 ACS 5-year estimates).

What is the sales tax in Payette, ID?

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

Is Payette, ID affordable?

Yes, Payette is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

What is the weather like in Payette?

Payette has average high temperatures of 66.5°F and average lows of 40.9°F. Annual precipitation is 9.5". Data from NOAA 1991–2020 Climate Normals.

Payette at a Glance

Population
8,358
Median Income
$55,455
Home Value
$247,700
Median Rent
$846/mo
Unemployment
5.6%
Avg High Temp
66.5°F
Sales Tax
6.0%
View all cities in Idaho →
🗺️ County data for Idaho

Explore county-level cost of living data

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