Cost of Living in Hailey

Hailey runs genuinely expensive by national standards, but meaningfully more affordable than neighboring Ketchum, with a genuinely low Blaine County property tax rate.

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Housing costs run meaningfully below Ketchum's own figures

Hailey's typical Zillow home value ran $780,999 (down 1.0% YoY), with separately cited figures ranging $749K-$895K depending on measurement date and metric -- consistently, meaningfully below Ketchum's own $1,556,144 typical value.

No local-option resort-city sales tax

Unlike Ketchum and Sun Valley, Hailey is not one of Idaho's small, tourism-dependent 'resort cities' eligible for a voter-approved local-option sales tax add-on -- Hailey's combined rate is simply Idaho's flat 6% state rate.

A genuinely low property tax rate

Blaine County's broader median effective property tax rate ran 0.31% -- among the lowest of any market in this Idaho batch, genuinely below Ketchum's own slightly higher city-specific 0.34% figure.

Idaho's flat, low state income tax

Idaho's flat 5.3% state income tax applies statewide, the same in Hailey as in Ketchum or anywhere else in Idaho.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.