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Cost of Living in Burley, ID (83318)

Quick Financial Snapshot

Hourly Living Wage$17.50 / hrBased on 2,080 hrs/yr
Target 50/30/20 Salary$72,792 / yrTo live comfortably
Family of 4 Monthly Cost$6,237 / mo2.1x single adult baseline

Executive Financial Report: Burley (83318)

Evaluating relocation options in Cassia? The financial baseline for residing in Burley, ID (83318) indicates that a single adult needs roughly $3,033 monthly to cover basic survival expenses.

With typical rent and housing utilities averaging an affordable $562 per month—just 19% of baseline expenses—Burley offers exceptionally competitive shelter costs compared to wider metropolitan averages across Idaho.

To maintain sustainable financial health in Burley (83318) using the popular 50/30/20 budgeting framework, your essential living expenses ($3,033/month) should not exceed 50% of your net take-home pay. Consequently, an individual needs a target gross annual salary of approximately $72,792 to cover necessities while building savings. On an hourly basis, working a standard 2,080-hour work year requires a minimum hourly living wage of $17.50/hour just to meet basic survival costs.

For a family of four (2 adults and 2 children), basic monthly expenditures in Burley increase to $6,237 per month ($74,844/year)—approximately 2.1x higher than the single-adult baseline. Childcare premiums and multi-bedroom housing represent the largest contributors to this family budget increase. Compared against the area median family income of $60,098, local wages provide a 1.65x coverage ratio relative to single-adult baseline expenses.

Commuting and transit expenses average $991 monthly in 83318, coupled with $421 in healthcare baselines. Tax obligations consume $481 monthly. Local tax structures remain a steady consideration for financial planning. Use our interactive tools below to adjust these benchmarks for your specific situation.

Cost Comparison: Burley (83318) vs. Idaho Average

Direct monthly cost comparison for a single adult baseline against the statewide average across all ID counties.

Expense CategoryBurley (83318)ID State AverageDifference
Housing & Rent$562/mo$582/mo-3%
Food & Groceries$275/mo$281/mo-2%
Transportation$991/mo$995/moEqual
Healthcare$421/mo$417/mo+1%
Direct Taxes$481/mo$491/mo-2%
Total Monthly Baseline$3,033/mo$3,078/mo-1%

* Statewide benchmarks are calculated from weighted county-level cost of living data across Idaho.

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Total Monthly Cost$3,033Est. $36,391 / year
Housing / Rent$56218.5% of monthly budget
Food & Groceries$275Essential food benchmarks
Area Median Income$60,098Annual household average

Expense Distribution

Detailed Monthly Breakdown

Housing$562
Food$275
Transportation$991
Healthcare$421
Taxes$481
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Frequently Asked Questions

Living Cost FAQs for Burley (83318)

Q: What is the minimum hourly living wage required in Burley, ID (83318)?

To cover essential living costs without financial distress, a full-time worker (2,080 hours/year) in Burley (83318) requires a minimum hourly living wage of $17.50/hour.

Q: How much salary do I need to live comfortably in Burley (83318)?

Following the 50/30/20 budgeting rule (where necessities consume 50% of net income), a single adult needs a target gross annual salary of roughly $72,792 to live comfortably in Burley (83318).

Q: What is the monthly cost of living for a family of four in Burley (83318)?

Estimated baseline monthly living expenses for a family of four (2 adults, 2 children) in Burley (83318) are $6,237 per month ($74,844 per year).

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