How much are Idahoans paying on bills compared with other states? For once, not so much
Boiseans are so accustomed to being told that their houses are more overvalued than any other city in the nation or that their rent is increasing at a rate comparable to cities twice the size of Boise.
But every once in a while, Idahoans get to keep more money in their wallets than those who live in other states, and here’s one of those times:
Doxo, an online app for paying bills and filing important paperwork, released its 2022 State Bill Pay Marker Report in June, which reports which states spend the most money on monthly household bills.
The report found that Idaho ranked 34th nationwide, averaging $1,777 per month on the 10 most common household bills. While that number may still seem high to some, it’s 11.3% lower than the national average of $2,003 per month.
The average U.S. household pays $24,032 on bills per year, according to the report. Idahoans spend about $21,316 annually. The study found that 89% of Americans are paying more monthly this year than last year, by about 6%.
Boiseans pay more than the state average. The report says Boise residents pay $1,898 on household bills, $121 higher than the state average. The price of bills in Boise saw a 5.4% increase from last year.
Hawaiians are paying the highest bills at $2,911 per month, 45.4% above the national average. Meanwhile, West Virginians are paying the least at $1,452 per month, 27.5% below the average.
The 10 most common household bills that Doxo identified are: mortgage, rent, auto loan, auto insurance, utilities (electric, gas, water & sewer, and waste & recycling), health insurance (consumer-paid portion), life insurance, cable and satellite, mobile phone, and alarm and security.
How much do Idahoans pay per bill?
Here is how much Idahoans are paying for each of the top ten bills on average compared to the national average:
Mortgage
Idaho: $1,061
National: $1,368
Rent
Idaho: $855
National: $1,129
Auto loan
Idaho: $432
National: $433
Auto insurance
Idaho: $189
National: $196
Utilities
Idaho: $301
National: $328
Health insurance
Idaho: $140
National: $123
Life insurance
Idaho: $86
National: $82
Cable and satellite:
Idaho: $97
National: $114
Mobile phone
Idaho: $107
National: $113
Alarm and security:
Idaho: $82
National: $84
What states does Idaho rank closely to?
31. North Carolina - $1,829
32. Iowa - $1,784
33. South Carolina - $1,783
34. Idaho - $1,777
35. Michigan - $1,754
36. Montana - $1,751
37. Tennessee - $1,734
This story was originally published June 23, 2022 at 5:00 AM.
