CostIndexUSA

Boise, ID vs Springfield, MA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ID
Boise
98.4
overall index
$1,750/mo rent
More AffordableMA
Springfield
96.1
overall index
$1,925/mo rent

Springfield is slightly cheaper than Boise — 2.3% lower overall cost of living.

To match an $80,000 salary in Boise, you would need $78,100 in Springfield. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing28.2%
Boise
105.6
Springfield
75.8
🛒 Groceries+0.8%
Boise
96.2
Springfield
97
🚗 Transportation+2.3%
Boise
103.9
Springfield
106.3
🏥 Healthcare+2.2%
Boise
94
Springfield
96.1
Utilities+119.2%
Boise
70.7
Springfield
155

Salary Equivalency Calculator

Enter your current salary in Boise to see what you'd need to earn in Springfield to maintain the same purchasing power.

$
Equivalent salary in Springfield, MA
$78,100
$1,900 less needed in Springfield

Formula: salary × (96.1 ÷ 98.4) = salary × 0.9766. Based on BEA Regional Price Parities.

Housing Market

Boise, ID

Median Home Price
$479,000
Median Monthly Rent
$1,750
Housing Index
105.6
Price-to-Rent Ratio
22.8×

Springfield, MA

Median Home Price
$356,000
Median Monthly Rent
$1,925
Housing Index
75.8
Price-to-Rent Ratio
15.4×

Boise has 28.2% lower housing costs compared to Springfield.

Income & Job Market

Boise, ID

Median Household Income
$82,500
Per Capita Income
$47,000
Unemployment Rate
3.3%
Population
235,984
Top Industries
TechnologyHealthcareManufacturingFinanceAgriculture

Springfield, MA

Median Household Income
$67,000
Per Capita Income
$38,200
Unemployment Rate
3.9%
Population
155,929
Top Industries
HealthcareEducationManufacturingFinanceGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Boise, ID
3.9×income-to-rent ratio

75% of income left after rent (median)

Springfield, MA
2.9×income-to-rent ratio

66% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.