We all like to know what's it going to cost us to live in a new location.
So for a comparison, we have picked Southern California VS the
Treasure Valley to show the cost savings ahead for you to enjoy.
BOISE SO. CALIF
SALES TAX 6% 8.5%
ELECTRIC RATES (1,000kWh) (a) $65.69 $162.89
VEHICLE REG. FEE (new standard car) $74.00 $375.00
CAR INSURANCE GOOD DRIVER RATES $280.10 / 6mo. $735.00 / 6mo.
(same car, same coveage) (b)
AUTO REPAIRS AT DEALERS $85.00/ HR $100.00/ HR
GASOLINE, REGULAR PER GAL. $3.04 GAL. $ 3.53 GAL
AVG NEW HOME PRICE (1,500 sq ft ) $193,000 $525,000
FOOD & MEDICAL COST RUN ABOUT THE SAME.
(a) Source: EEI Residential
(b) Source: GEICO CAR INS.
Above information is current as of Feb. 1, 2007
The cost of living in Boise, ID is 28.6% lower than in Los Angeles, CA. Therefore, you would have to earn a salary of $28,546 to maintain your current standard of living of $40,000 in Los Angeles, CA. Any amount earned over that would be extra income therefore you could afford to live in Boise as though you had a raise of 28.6% if you earned the same amount in both cities. |