Cost of living in Challis
Challis, located in Idaho, is a small city known for its scenic beauty and outdoor recreational opportunities. Understanding the cost of living in Challis is crucial for both current residents and those considering a move to this charming locale.
This guide provides a detailed breakdown of the cost of living in Challis, covering essential categories such as dining, groceries, transportation, housing, and utilities. Whether you're planning to relocate or simply curious about the expenses in Challis, this overview will offer valuable insights.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $19.5 on average, with a range between $15 and $21.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $70, with prices ranging from $60 to $120.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $9.5 and $12.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $8, imported beer $4.5 to $8.85, cappuccino $3.25 to $10, and Coke/Pepsi $2.35 to $4.1.
Grocery Prices
- Milk - Milk is priced between $0.76 and $1.13 per liter, averaging $0.88.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.98 and $5.51, with an average price of $3.11.
- Eggs (Dozen) - A dozen eggs range from $2 to $3.99, averaging $3.17.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.76 to $6.61 per kg, while oranges range from $1.98 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.88 and $4.41 per kg, and lettuce costs $1.5 to $2.5 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.87 and $1.08 per liter.
- Taxi Fares - Taxi fares start at $2.6, with a cost of $1.5 to $4.35 per km and $24 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $33,000 and $35,724.66, while a Toyota Corolla ranges from $25,000 to $27,000.
Housing Costs
- Mortgage Interest Rate - The average mortgage interest rate is 6.65%, with rates ranging from 6.19% to 7%.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $212.5, averaging $139.24.
- Internet - Internet services range from $65 to $90, with an average cost of $75.47.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $30 and $90, averaging $48.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Challis offers a moderate cost of living with affordable dining and grocery options. Housing costs are influenced by competitive mortgage rates, and transportation is reasonably priced, especially for fuel.
Utilities and internet services are relatively affordable, making Challis a cost-effective choice for those seeking a balance between rural charm and modern amenities.
Conclusion
In conclusion, Challis, ID, presents a balanced cost of living that caters to both budget-conscious individuals and those seeking a comfortable lifestyle. With reasonable prices across dining, groceries, and transportation, residents can enjoy the natural beauty and tranquility of this Idaho city without breaking the bank.
Whether you're considering a move or simply evaluating your current expenses, Challis offers a compelling mix of affordability and quality of life.