Cost of Living in Idaho Falls, ID
2024 data from the Bureau of Economic Analysis
Cost Index
94.4
5.6% below avg
Housing Index
84.0
Median Income
$73,337
Median Rent
$968/mo
Cost Breakdown
Overall94.4 (-5.6%)
Housing84.0 (-16.0%)
Goods96.2 (-3.8%)
Utilities69.7 (-30.3%)
Other Services99.0 (-1.0%)
National average = 100
Income & Housing
Median Household Income
$73,337/year
Median Home Value
$285,000
Median Monthly Rent
$968/mo
Per Capita Income
$32,121/year
Compare Idaho Falls, ID With
Idaho Falls, ID vs Elmira, NYIdaho Falls, ID vs Chambersburg, PAIdaho Falls, ID vs Hagerstown, MDIdaho Falls, ID vs Pittsburgh, PAIdaho Falls, ID vs Daphne, ALIdaho Falls, ID vs San Antonio, TXIdaho Falls, ID vs Lake Havasu City, AZIdaho Falls, ID vs Lewiston, MEIdaho Falls, ID vs Sheboygan, WIIdaho Falls, ID vs Kalamazoo, MI
Frequently Asked Questions
Is Idaho Falls, ID expensive to live in?
Idaho Falls, ID has a cost of living index of 94.4, which is 5.6% below the national average.
How much does housing cost in Idaho Falls, ID?
Housing costs in Idaho Falls, ID are indexed at 84.0 compared to the national average of 100. The median monthly rent is $968.
What is the average income in Idaho Falls, ID?
The median household income in Idaho Falls, ID is $73,337 per year.
What is the average home price in Idaho Falls, ID?
The median home value in Idaho Falls, ID is $285,000.