Salary & Cost of Living in Boise, ID
Boise, ID: $62,000 median salary, cost of living index 102, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$62,000
$30/hr
Cost of Living
102
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
2.8%
rate
Boise, ID Overview
Population
235,684
Median Salary
$62,000
Average Salary
$68,500
Avg Commute
21 min
Median Home Price
$420,000
Median Rent
$1,400/mo
Job Growth
+3%
Sales Tax
6%
Boise is located in Idaho with a population of 235,684. The median household salary is $62,000 per year ($30/hour), which is $2,616 above the national median of $59,384. The average commute time is 21 minutes, and the city has a job growth rate of +3%.
Boise Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Boise, ID, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$48,260
$4,021.63/month · $1,856.13/biweekly · Effective Rate: 22.2%
Gross Pay
$62,000
Federal Tax
-$5,402
State Tax
-$3,596
Local Tax
$0
FICA
-$4,743
Net Pay
$48,260
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,166.67 | $62,000.00 |
| Federal Income Tax | -$450.13 | -$5,401.50 |
| Idaho State Tax (5.8%) | -$299.67 | -$3,596.00 |
| Social Security (6.2%) | -$320.33 | -$3,844.00 |
| Medicare (1.45%) | -$74.92 | -$899.00 |
| Net Take-Home Pay | $4,021.63 | $48,259.50 |
Salary Comparison: Boise vs Other Cities
See how Boise's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Boise, ID | $62,000 | 102 | $60,784 |
| National Average | $59,384 | 100 | $59,384 |
| Tempe, AZ | $62,000 | 105 | $59,048 |
| Wilmington, DE | $62,000 | 105 | $59,048 |
| Fort Lauderdale, FL | $62,000 | 118 | $52,542 |
| Miramar, FL | $62,000 | 112 | $55,357 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Boise
Boise's cost of living index is 102 (national average = 100). Living in Boise is 2% more expensive than the national average.
Median Home Price
$420,000
Median Monthly Rent
$1,400
Annual Rent Cost
$16,800
Your Salary's Purchasing Power
Your $48,260 annual take-home pay in Boise has the purchasing power of approximately $47,313 in an average-cost US area. You would need to earn $63,240 in Boise to match a $62,000 salary in an average-cost city.
Top Industries in Boise
Boise's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $62,000.
Salary Tips for Boise Workers
- Maximize pre-tax deductions. With a 5.8% state income tax rate, maximizing 401(k) contributions (up to $23,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Boise's top industries include Technology, Healthcare, Government. Targeting roles in these sectors can help you earn above the $62,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Boise, ID?
The median salary in Boise, ID is $62,000 per year, or $30 per hour. The average salary is $68,500. This is $2,616 above the national median of $59,384.
What is the cost of living in Boise, ID?
Boise's cost of living index is 102 (national average = 100), meaning it is 2% more expensive compared to the national average. The median home price is $420,000 and the median monthly rent is $1,400.
What are the best industries in Boise?
The top industries in Boise, ID include Technology, Healthcare, Government. The city has a job growth rate of 3% and an unemployment rate of 2.8%. Workers in these industries often earn above the city's median salary of $62,000.
How does Boise's salary compare to other cities?
Boise's median salary of $62,000 is 4.4% above the national median of $59,384. However, when adjusted for cost of living (index: 102), the real purchasing power is approximately $60,784.
What is the minimum wage in Boise, ID?
The minimum wage in Boise, ID is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.