Cost to Build an Assisted Living Facility in Idaho: 2026 Construction Guide

Building an assisted living facility in Idaho offers attractive economics compared to coastal markets, with moderate construction costs and strong demographic demand. Understanding the full scope of development costs is essential for successful project planning and financing in the Gem State.

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Idaho Construction Cost Overview

Regional Cost Comparison

Cost Component Boise Metro Coeur d'Alene Idaho Falls Twin Falls
Land (per acre) $400K-1M $300K-800K $150K-400K $100K-300K
Hard Costs (per SF) $220-300 $230-310 $200-275 $190-260
Soft Costs (% of hard) 13-17% 14-18% 12-15% 12-15%
FF&E (per bed) $10-15K $10-15K $9-14K $9-13K
Total per Bed $230-280K $240-300K $200-250K $190-240K

Idaho vs. National Averages

Metric Idaho National Average Difference
Hard Costs/SF $220-280 $275-350 -15-20%
Land Costs Moderate High -20-40%
Labor Costs Below average Average -10-15%
Total Project Cost $200-260K/bed $250-350K/bed -15-25%

Land Costs

Regional Land Prices

Boise Metropolitan Area:

Location Price per Acre Availability
Downtown Boise $800K-1.5M Very Limited
Meridian $500K-900K Limited
Nampa $350K-600K Moderate
Eagle $600K-1M Limited
Caldwell $250K-450K Good

North Idaho:

Location Price per Acre Availability
Coeur d'Alene $400K-800K Limited
Post Falls $300K-600K Moderate
Hayden $350K-700K Limited
Sandpoint $300K-600K Moderate

Eastern Idaho:

Location Price per Acre Availability
Idaho Falls $200K-400K Good
Pocatello $150K-300K Good
Rexburg $175K-350K Moderate
Twin Falls $150K-300K Good

Land Requirements

Typical Site Needs:

Site Considerations:


Hard Construction Costs

Building Cost Breakdown

Per Square Foot Costs (2026):

Component Boise Coeur d'Alene Idaho Falls Twin Falls
Site Work $15-25 $18-28 $12-20 $12-18
Foundation $18-25 $20-28 $16-22 $15-20
Structure $45-60 $48-65 $42-55 $40-52
Exterior $25-35 $28-38 $22-30 $20-28
Roofing $12-18 $14-20 $10-15 $10-14
Interior Finishes $55-75 $58-80 $50-68 $48-65
MEP Systems $50-65 $52-68 $48-60 $45-58
Specialties $10-15 $12-18 $8-12 $8-12
Total $230-318 $250-345 $208-282 $198-267

Building Size Guidelines

Typical Square Footage:

Facility Size Total SF SF per Bed
40 beds 28,000-36,000 700-900
60 beds 42,000-54,000 700-900
80 beds 56,000-72,000 700-900
100 beds 70,000-90,000 700-900

Construction Type Impact

Construction Type Cost/SF Pros Cons
Wood Frame $200-260 Lower cost, faster Height limits, fire concerns
Steel Frame $240-300 Durability, flexibility Higher cost
Concrete $260-320 Fire resistance, longevity Highest cost, longer timeline

Soft Costs

Soft Cost Categories

Category % of Hard Costs Typical Range
Architecture/Engineering 5-7% $400K-700K
Permits and Fees 1-2% $80K-200K
Legal 0.5-1% $40K-100K
Accounting 0.3-0.5% $25K-50K
Market Study 0.1-0.2% $15K-25K
Appraisal 0.1-0.2% $15K-30K
Environmental 0.1-0.2% $10K-25K
Surveys 0.1-0.2% $10K-25K
Insurance 0.5-1% $40K-100K
Financing Costs 2-3% $160K-300K
Developer Fee 3-5% $240K-500K
Total Soft Costs 13-18% $1.0M-2.0M

Permitting Costs by Region

Jurisdiction Building Permit Impact Fees Other Fees
Boise $25K-50K $50K-150K $15K-30K
Meridian $20K-45K $40K-120K $12K-25K
Coeur d'Alene $18K-40K $30K-80K $10K-20K
Idaho Falls $15K-35K $20K-60K $8K-18K
Twin Falls $12K-30K $15K-45K $6K-15K

FF&E Costs

Furniture, Fixtures & Equipment

Per Bed Budgets:

Category Budget Mid-Range Premium
Resident Room $4,000-5,500 $5,500-7,500 $7,500-10,000
Common Areas $2,000-3,000 $3,000-4,500 $4,500-6,000
Dining $1,500-2,500 $2,500-3,500 $3,500-5,000
Kitchen $1,000-1,500 $1,500-2,500 $2,500-4,000
Administrative $500-1,000 $1,000-1,500 $1,500-2,500
Total per Bed $9,000-13,500 $13,500-19,500 $19,500-27,500

Technology Investments

System Cost Range Notes
Nurse Call System $50K-100K Required
Security/Access $30K-60K Cameras, access control
Fire Alarm $40K-80K Code required
Phone/Data $25K-50K Infrastructure
EHR System $20K-50K Software and setup
Entertainment $15K-30K TVs, common areas
Total Technology $180K-370K

Sample Project Budgets

60-Bed Facility - Boise Metro

Category Cost % of Total
Land (3 acres) $1,800,000 11%
Hard Construction (48,000 SF) $12,000,000 72%
Soft Costs $1,800,000 11%
FF&E $720,000 4%
Working Capital $350,000 2%
Total $16,670,000 100%
Cost per Bed $277,833

60-Bed Facility - Idaho Falls

Category Cost % of Total
Land (3 acres) $750,000 6%
Hard Construction (48,000 SF) $10,560,000 76%
Soft Costs $1,400,000 10%
FF&E $660,000 5%
Working Capital $300,000 2%
Total $13,670,000 100%
Cost per Bed $227,833

80-Bed Facility - Coeur d'Alene

Category Cost % of Total
Land (4 acres) $2,400,000 11%
Hard Construction (64,000 SF) $17,280,000 75%
Soft Costs $2,600,000 11%
FF&E $1,040,000 5%
Working Capital $450,000 2%
Total $23,770,000 100%
Cost per Bed $297,125

Cost Factors and Variables

Cost Drivers

Increasing Costs:

Cost Reduction Opportunities:

Regional Considerations

Boise Metro:

North Idaho:

Eastern/Southern Idaho:


Financing Construction Costs

Construction Loan Options

Loan Type LTC Rate Term
Bank Construction 70-80% Prime + 1-2% 18-24 months
SBA 504 90% Fixed + Variable Construction + Perm
HUD 232 85% Fixed 40 years

Equity Requirements

Typical Equity Needs:

Loan Type Equity Required 60-Bed Project
Bank 20-30% $3.3M-5.0M
SBA 10-15% $1.7M-2.5M
HUD 15-20% $2.5M-3.3M

Timeline and Phasing

Development Timeline

Phase Duration Key Activities
Pre-Development 6-12 months Site selection, design, approvals
Financing 2-4 months Loan application, closing
Construction 12-18 months Building construction
Lease-Up 12-18 months Marketing, occupancy ramp
Total 32-52 months

Idaho-Specific Timeline Factors

Advantages:

Challenges:


Cost Management Strategies

Pre-Construction

  1. Thorough Planning: Complete design before bidding
  2. Value Engineering: Optimize design for cost
  3. Competitive Bidding: Multiple contractor bids
  4. Fixed-Price Contracts: Lock in costs where possible
  5. Contingency Planning: Adequate reserves

During Construction

  1. Change Order Control: Minimize scope changes
  2. Progress Monitoring: Regular site visits
  3. Draw Management: Verify work before payment
  4. Quality Control: Prevent costly rework
  5. Timeline Management: Avoid delay costs

Related Resources

Idaho-Specific Pages

General Resources


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Disclaimer: Construction costs vary significantly based on location, design, market conditions, and timing. These estimates are for planning purposes only. Obtain detailed bids from qualified contractors for accurate project budgeting. All financing provided by Jaken Finance Group, subject to approval.