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Cost of Living in Caldwell, ID

Population 66,516 · Census ACS 2020–2024 5-year estimates

Median rent$1,264
Median home value$367,300
Median household income$73,058

The median rent in Caldwell, ID is $1,264/month, 2% higher than the Idaho median and 11% lower than the U.S. median. The median home value is $367,300, 10% higher than the national median. Households earn a median of $73,058 a year, 6% lower than the state median.

Affordability

Rent as a share of median income: 20.8%
Income needed for median rent (30% rule): $50,560/yr
Home price-to-income ratio: 5.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,857/mo

Run your own numbers: mortgage calculator · hourly to salary

Caldwell vs. Idaho vs. U.S.

CaldwellIdahoU.S.
Median rent$1,264$1,238$1,413
Median home value$367,300$418,600$332,700
Median household income$73,058$77,800$80,734
Homeownership rate73.0%72.1%65.2%
Bachelor's degree or higher19.5%31.8%35.7%
Poverty rate11.9%10.6%12.5%
Unemployment rate5.0%3.7%5.2%
Work from home12.1%13.3%15.1%
Median age31.537.338.9

FAQ

What is the average rent in Caldwell, ID?

The median gross rent in Caldwell, ID is $1,264 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Caldwell, ID?

Using the common 30% rule, renting a median-priced home takes about $50,560 a year in gross income.

Is Caldwell, ID expensive to live in?

Rent there is 11% lower than the U.S. median, and the median home costs about 5.0 times the median household income.

Other cities in Idaho

Boise City, IDRent $1,446 · Income $83,904Meridian, IDRent $1,805 · Income $100,795Nampa, IDRent $1,420 · Income $74,279Idaho Falls, IDRent $1,075 · Income $73,110Pocatello, IDRent $948 · Income $60,418Coeur d'Alene, IDRent $1,468 · Income $72,338

Cities with a similar cost of living

Reynoldsburg, OHRent $1,259 · Income $72,972Wenatchee, WARent $1,248 · Income $73,040St. Paul, MNRent $1,281 · Income $73,394Kentwood, MIRent $1,260 · Income $74,373Monroe, NCRent $1,246 · Income $72,540Carson, NVRent $1,248 · Income $72,355

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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