Retiring in Idaho: a complete guide

Idaho has become an attractive retirement destination since the pandemic.

As of 2024, more than 17% of the state’s 2 million residents are over age 65.

Idaho is brimming with outdoor activities, but may be limited in terms of culture and diversity.

Some of the primary retirement destinations in Idaho include Boise, Coeur d’Alene, and Sandpoint.

Social Security benefits: The earliest age at which you can begin receiving Social Security benefits is 62, but if you delay taking benefits, your monthly payments will increase. Full retirement age (FRA) is between 66 and 67, depending on your birth year. Delaying benefits until after FRA can result in even higher monthly payments. 

Medicare eligibility: Medicare eligibility begins at age 65, regardless of retirement status. However, if you choose to retire before age 65, you will need to find alternative healthcare coverage until you become eligible for Medicare. 

Age discrimination: It is illegal for employers to discriminate against employees or job applicants based on age. 

Retirement savings: Regardless of retirement age, individuals need to start saving for retirement as early as possible. Many financial experts recommend saving at least 15% of your income for retirement. 

Affordability: Idaho's cost of living is generally lower than the national average, which is a big draw for retirees on a fixed income. Housing and healthcare costs are also lower than in many other states, making Idaho an affordable option for retirees. 

Scenic views and outdoor activities: Idaho is home to numerous national parks, forests, and lakes, providing ample opportunities for outdoor activities such as hiking, camping, fishing, and skiing. Retirees can enjoy living in a scenic environment with breathtaking views. 

Quality of life: Idaho is known for its quality of life, with friendly communities, low crime rates, and a relaxed lifestyle. Retirees can enjoy a peaceful and stress-free environment. 

Harsh winters: Idaho has cold winters with heavy snowfall, which could be a concern for retirees who are not used to living in such conditions. 

Limited cultural scene: Idaho is not known for its cultural scene, with fewer museums, galleries, and performing arts venues than other states. It’s also limited in terms of diversity. However, the state does offer some cultural events and festivals throughout the year. 

Limited healthcare options: Some areas of Idaho have limited healthcare options, which could be a concern for retirees who require regular medical attention. That’s especially true for those living in rural areas, which is much of the state.

Boise: Boise is the capital city of Idaho and is known for its vibrant culture, outdoor recreation, and scenic beauty. It has a low cost of living compared to other major cities in the West, making it an attractive option for retirees. The city has a diverse mix of activities, including hiking and biking trails, museums, art galleries, and theaters. 

Coeur d'Alene: Coeur d'Alene is a picturesque town located in the northern part of the state, on the shores of Lake Coeur d'Alene. It has a thriving downtown area with shops, restaurants, and galleries, and is surrounded by natural beauty, including forests and mountains. The town is also home to a number of golf courses and outdoor recreational activities, such as skiing and snowboarding in the winter. 

Sun Valley: Sun Valley is a resort town located in central Idaho, known for its world-class skiing and outdoor activities. It has a small, tight-knit community, and is surrounded by stunning natural beauty, including the Sawtooth National Forest. The town has a variety of cultural offerings, including music festivals and art galleries. 

Moscow: Moscow is a charming college town located in the northern part of the state, home to the University of Idaho. It has a thriving arts scene, including a symphony orchestra and theater productions, and is surrounded by rolling hills and forests. The town also has a number of walking and biking trails, making it easy to explore the surrounding natural beauty. 

Sandpoint: Sandpoint is a scenic town located in the northern part of the state, on the shores of Lake Pend Oreille. It has a vibrant downtown area with shops, restaurants, and art galleries, and is surrounded by natural beauty, including the Selkirk Mountains. The town is also home to a number of outdoor recreational activities, such as skiing, hiking, and boating.