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Discovering the Difference Between Idaho & Wyoming

Wednesday, December 27th, 2017 at 11:10am Engel & Völkers Sun Valley

It was recently reported that Idaho as the fastest growing state in the union over the past year. With an increase of 2.2 percent, roughly 37,000 new residents flocked to Idaho. Our neighbor to the east, however, experienced just the opposite.

Despite having similar topographies, Wyoming hasn’t been able to get away from resource dependence. A vast majority of the state is very dependent on coal mining. With cheap natural gas resources on the rise, coal has declined in demand over the past few years.

Meanwhile on the western side of the border, Idaho produces no coal and also has no significant petroleum or natural-gas reserves. Instead of trying to continue mining any mineral wealth, Idaho chose to diversify after the gold rush which has led to expanded and more stable economies thanks to agriculture, forestry, manufacturing, technology and services.

With a more developed and well-rounded economy, Idaho’s cities have outgrown the Wyoming counterparts leading to more people in the Boise metro area than in all of Wyoming. And Boise continues to boom. Idaho has the fourth-cheapest cost of living in the country while Wyoming sit at 29.

Idaho & Wyoming offer similar options when it comes to resorts and tourism. However, Idaho has managed to capture more year round visitors to places like Sun Valley, McCall and Coeur D’Alene. If you are looking for your next resort getaway, consider Sun Valley. In the heart of southern Idaho, Sun Valley offers the feel of a quaint mountain town with the all the creature comforts of fine cuisine, excellent shopping and an expanded arts scene.

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