Idaho Falls, ID Cost Of Living

The latest cost of living statistics for Idaho Falls. Includes statistics on rent, mortgages, healthcare, and other costs for Idaho Falls compared to the state and national averages.

Cost of living in Idaho Falls, Idaho

Cost of living in Idaho Falls research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Idaho Falls is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Idaho, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

97 Cost of living index 1.0x lower vs US
#10 Cheapest in Idaho (of 35)
#2,094 Cheapest in the U.S. (of 6,489)
$395,034 Median home value
$1,075 Median rent
$73,110 Median income
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What is the cost of living in Idaho Falls, ID?

According to the most recent data on the cost of living, Idaho Falls has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.

Compared to Idaho, Idaho Falls has a cost of living index that's 1.0x lower than Idaho's index of 100.

The standard of living in Idaho Falls ranks as #10 most affordable out of the 35 places we measured in Idaho. By definition, that implies Idaho Falls ranks as the #25 most expensive place in the Gem State.

For more reading on life in Idaho Falls, check out:

Idaho Falls Cost Of Living Vs. Idaho

Six factors go into calculating the cost of living index in Idaho Falls. Here is how it fares on each of the criteria:

  • The Services index in Idaho Falls is 102.

  • The Groceries index in Idaho Falls is 99.

  • The Health index in Idaho Falls is 96.

  • The Housing index in Idaho Falls is 103.

  • The Transportation index in Idaho Falls is 102.

  • The Utilities index in Idaho Falls is 102.

Living Expense Idaho Falls Idaho National Average
Overall 97 100 100
Services 102 100 100
Groceries 99 101 100
Health 96 89 100
Housing 103 104 100
Transportation 102 103 100
Utilities 102 107 100

Idaho Falls Cost Of Living Compared To Idaho Averages

Services
Idaho Falls 102
Idaho avg 100
Groceries
Idaho Falls 99
Idaho avg 101
Health
Idaho Falls 96
Idaho avg 89
Housing
Idaho Falls 103
Idaho avg 104
Transportation
Idaho Falls 102
Idaho avg 103
Utilities
Idaho Falls 102
Idaho avg 107

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Idaho, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Idaho Falls, ID Housing Cost Breakdown

$395,034Median Home Value
$1,075Median Rent
$73,110Median Income

Housing swings affordability the most between places in Idaho, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Idaho Falls is $395,034.

  • The Median Rent in Idaho Falls is $1,075.

  • The Median Income in Idaho Falls is $73,110.

  • The Home Value To Income in Idaho Falls is 5.4x.

  • The Rent To Monthly Income in Idaho Falls is 0.18x.

Statistic Idaho Falls Idaho United States
Median Home Value $395,034 $473,335 $332,700
Median Rent $1,075 $1,238 $1,413
Median Income $73,110 $77,800 $80,734
Home Value To Income 5.4x 6.1x 4.1x
Rent To Monthly Income 0.18x 0.19x 0.21x

Idaho Falls, ID Costs By Category

Detailed Idaho Falls Services costs vs. Idaho
Item Idaho Falls Idaho
Shampoo $1.04 $1.28
Movie $11.75 $12.13
Bowling $12.32 $18
Haircut $22.96 $24.26
Beauty Salon $36.09 $45.56
Detailed Idaho Falls Groceries costs vs. Idaho
Item Idaho Falls Idaho
Ground Beef $6.63 $5.84
Fried Chicken $1.36 $1.57
Milk $4.52 $4.67
Potatoes $4.62 $4.93
Pizza $10.57 $12.09
Beer $10.41 $10.41
Toothpaste $4.16 $3.7
Detailed Idaho Falls Health costs vs. Idaho
Item Idaho Falls Idaho
Optometrist $130.57 $125.68
Doctor $151.89 $135.78
Dentist $97.67 $113.29
Detailed Idaho Falls Transportation costs vs. Idaho
Item Idaho Falls Idaho
Gasoline $3.7 $3.46
Tire Balancing $49.7 $59.92
Detailed Idaho Falls Utilities costs vs. Idaho
Item Idaho Falls Idaho
All Electricity $161.77 $193.99
Phone $177.84 $192.25

Idaho Falls SnackAbility

8Overall SnackAbility
Jobs 8/10
Housing 7/10
Affordability 8/10
Diversity 8/10
Safety 5/10
Amenities 9/10
Education 8/10
Commute 9.5/10

Cost Of Living In Cities Around Idaho Falls

The cost of living varies in the cities and towns around Idaho Falls. Here's a quick look at the cost of living in the most populous nearby places:

  • Pocatello, ID has a cost of living index of 97, 1.0x Idaho Falls.

  • Rexburg, ID has a cost of living index of 102, 1.1x Idaho Falls.

  • Ammon, ID has a cost of living index of 106, 1.1x Idaho Falls.

City Population Cost Of Living Vs. Idaho Falls
Pocatello, ID 57,635 97 1.0x
Rexburg, ID 40,543 102 1.1x
Ammon, ID 19,064 106 1.1x
Chubbuck, ID 16,126 103 1.1x
Blackfoot, ID 12,782 95 1.0x
Rigby, ID 5,404 95 1.0x
Shelley, ID 5,092 99 1.0x