Cost of Living in Soda Springs, ID
Population 3,150 · Idaho · Data vintage 2023
(100 = US avg)
Household incomes in Soda Springs run well below national norms — a median of $47,480 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $205,000). An unemployment rate of 2.4% points to a labor market well on the tight side of the national distribution.
Located 130 miles north of Salt Lake City, Soda Springs is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 59% lower than Salt Lake City's $496,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Soda Springs
The median home value in Soda Springs is $204,800 — 33% below the national median of $305,000. Median rent runs $826/month, 37% lower than the national median of $1,314/month. The median household income of $47,480/year is 36% lower than the US median of $74,580. The local unemployment rate is 2.4%, 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, Soda Springs has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.
Soda Springs 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 Soda Springs, ID?
Soda Springs has a cost index of 65 (100 = national average). It is 35% below the national average.
What is average rent in Soda Springs, ID?
The median gross rent in Soda Springs is $826 per month based on 2023 Census data.
What is the average home price in Soda Springs?
The median home value in Soda Springs is $204,800 according to Zillow and Census data.
What is the median income in Soda Springs?
The median household income in Soda Springs is $47,480 per year (2023 ACS 5-year estimates).
What is the sales tax in Soda Springs, ID?
The combined state and local sales tax rate in Soda Springs is 6.0%. The Idaho state income tax top rate is 5.8%.
Is Soda Springs, ID affordable?
Yes, Soda Springs is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.
Soda Springs at a Glance
- Population
- 3,150
- Median Income
- $47,480
- Home Value
- $204,800
- Median Rent
- $826/mo
- Unemployment
- 2.4%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Idaho Rankings
Similar Cost Cities
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