Will Idaho Residents Be as Warm With Bigger Bills This Year?

Living in Idaho overall is 6% lower than the national average. Looking into the areas of housing, food, healthcare, utilities, and goods and services, Idaho ranks below the national average in every category. Transportation is above the national average, bringing Idaho’s ranking down a bit.

While monthly utility costs are 18% lower than the national average, that doesn’t mean there aren’t utility costs to consider. Depending on how a house is heated, costs have risen substantially since winter just 4 years ago.

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Natural gas heats over 60 million homes nationwide. A majority of residents of Idaho heat their homes using natural gas. Natural gas prices are almost 27% higher than in the winter of 2019-2020. The average Idaho home can expect to have a bill almost 12% higher than 4 years ago. While any increase is concerning, Idaho isn’t doing badly compared to the rest of the nation.

Living in Idaho is Good For Your Utility Budget

Idaho has experienced mild temperatures so far this winter. This may be helpful to the bottom line. Idaho ranks 44th in being impacted by rising heat costs compared to other states. Since inflation across the board is always a concern, knowing it could be worse is a small comfort. Idahoans can consider themselves lucky.

Since Idaho is in the top 10 states people are moving to, the cat may be out of the bag. If they move to Boise, then can expect costs to be higher than the national average, but a move to Idaho Falls sits 17% lower and Twin Falls is 8% lower than the national average.