Cost of living index

Idaho Falls, ID

94.4 / 100

Living in Idaho Falls, ID is 5.6% cheaper than the US average — the #178 of 387 highest nationally.

Median rent: $1,052/mo

Median home value: $325,000

Figures — including the cost index, median rent, and median home value — cover the wider Idaho Falls, ID metropolitan area, not individual neighbourhoods or city boundaries.

Winter
31° / 14°F
(-1° / -10°C)
2 in precip
Spring
57° / 32°F
(14° / 0°C)
3.4 in precip
Summer
83° / 47°F
(28° / 8°C)
2.1 in precip
Fall
59° / 31°F
(15° / -1°C)
2.5 in precip

30-year climate normals (1991–2020) from IDAHO FALLS FANNING FLD, via NOAA.

The Idaho Falls, ID metro area has an overall price level of 94.4 compared with the national average of 100, meaning everyday costs run about 5.6% lower than a typical US metro. Housing tells the sharper story: at 84.0 it is 16.0% below the national average. Housing rents are often one of the largest sources of difference between metro areas, so this figure can have a significant impact when comparing locations.

Overall#178 of 387
94.4
Goods#200 of 387
96.2
Housing rents#166 of 387
84.0
Utilities#387 of 387
69.7
Other services#151 of 387
99.0

Idaho Falls, ID is moved down the most by utilities, at 69.7 vs a US average of 100, while the closest to average is other services.

Browse Idaho →See the cheapest and most expensive US metros →

Figures on this page come from the US Bureau of Economic Analysis (BEA) Regional Price Parities dataset, 2024 — the most recent year published. An index of 100 marks the national average; a metro above 100 has higher prices than a typical US metro, below 100 lower. Median rent and median home value are from the US Census Bureau’s American Community Survey (ACS) 2023 5-year estimates, and seasonal weather is from NOAA’s 1991–2020 climate normals. These are regional figures only, not a complete personal budget — they don’t account for individual spending habits, taxes, or household circumstances. See the full methodology for how the index and salary-equivalent estimates are calculated.

Compare My City is an independent project and is not operated by, endorsed by, or affiliated with the Bureau of Economic Analysis, the Census Bureau, or NOAA.

Is Idaho Falls, ID an expensive place to live?

Idaho Falls, ID has an overall cost-of-living index of 94.4, where 100 is the US average. That makes it about 5.6% cheaper than the country as a whole.

Is housing expensive in Idaho Falls, ID?

Housing rents in Idaho Falls, ID score 84.0 against a US average of 100 — roughly 16.0% below average. Housing rents are often the main driver of differences in overall price levels between metro areas.

How does Idaho Falls, ID compare to the US average cost of living?

Overall prices in Idaho Falls, ID sit at 94.4 versus 100 for the US average, with housing at 84.0. Figures come from the US Bureau of Economic Analysis for 2024.