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Boise City, ID vs Coeur d'Alene, ID
A 2-bedroom in Coeur d'Alene costs $108 less per month than Boise City ($1,547 vs $1,655). Median income is $82,694 in Boise City and $77,034 in Coeur d'Alene. That's a difference of $1,296 per year in housing costs.
Side-by-Side Comparison
| Metric | Boise City | Coeur d'Alene |
|---|---|---|
| Studio FMR | $1,170 | $1,103 |
| 1BR FMR | $1,381 | $1,302 |
| 2BR FMR | $1,655 | $1,547 |
| 3BR FMR | $2,318 | $2,152 |
| 4BR FMR | $2,772 | $2,595 |
| Median Income | $82,694 | $77,034 |
| Rent Burden | 24% | 24.1% |
| Actual Median Rent | $1,383 | $1,330 |
| Median Home Value | $434,400 | $467,400 |
| Population | 791K | 178K |
| Renter % | 27.3% | 27.8% |
| Vacancy Rate | 4.6% | 11.4% |
| Poverty Rate | 9.1% | 9.3% |
| YoY Change | +19.2% | +23% |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Boise City, ID
Annual Income Needed
$66,200
Hourly Wage Needed
$32/hr
Min Wage Work Hours/Week
175.6 hrs
at $7.25/hr (ID min wage)
Coeur d'Alene, ID
Annual Income Needed
$61,880
Hourly Wage Needed
$30/hr
Min Wage Work Hours/Week
164.1 hrs
at $7.25/hr (ID min wage)
Frequently Asked Questions
Coeur d'Alene, ID is more affordable with a 2BR FMR of $1,547/mo, which is $108 less than Boise City at $1,655/mo. However, when considering local incomes, Boise City has a rent burden of 24% vs 24.1% in Coeur d'Alene.
A 2-bedroom in Boise City, ID costs $1,655/mo at Fair Market Rent, while in Coeur d'Alene, ID it's $1,547/mo, a difference of $108/mo or $1,296/year.
To afford a 2BR without spending more than 30% of income on rent: Boise City requires $66,200/year ($32/hr). Coeur d'Alene requires $61,880/year ($30/hr).
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