StateRates

Idaho Falls cost of living

Prices in the Idaho Falls, ID metro area run at 94.4 against a national average of 100, ranking it #178 of 387 metros. Rents there sit at 84.0.

Idaho

All items 94.4 #178 of 387 metros
Rents 84.0 national average 100
Median wage $45,080 BLS metro survey
Worth nationally $47,754 same wage, adjusted

What drives the number

Prices in Idaho Falls run at 94.4 where the national average is 100, so about 5.6 per cent below the country as a whole. It ranks #178 of 387 metro areas. Against Idaho as a whole it is 1.1 points less expensive, which is the unusual direction, and it means the expensive part of the state is somewhere else.

Housing is unusually cheap relative to everything else here. Rents sit at 84.0 against goods at 96.2 and other services at 69.7, so the overall figure of 94.4 understates how affordable the housing itself is. Services, which are priced by local wages, are what hold the overall number up.

Low prices only help if pay does not fall by more. Dividing the local median wage by 94.4 is how to check, and the wage pages carry that comparison.

All items 94.4
Goods 96.2
Rents 84.0
Other services 69.7

The vertical line is the national average of 100. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, SARPP, 2024.

Salaries in Idaho Falls

What the biggest local jobs are really worth

The same pay buys different amounts in different places, so a salary quoted in Idaho Falls is not comparable to one quoted elsewhere until it is divided by the local parity. These are the occupations that employ the most people here, with the quoted median alongside what that median is worth at national prices.

Largest occupations in Idaho Falls, quoted and price-adjusted
Occupation Employed Median pay Worth nationally U.S. median
General and Operations Managers 2,930 $73,180 $77,521 $102,950
Fast Food and Counter Workers 2,570 $28,050 $29,714 $30,480
Home Health and Personal Care Aides 2,520 $30,660 $32,479 $34,900
Customer Service Representatives 2,090 $36,340 $38,496 $42,830
Retail Salespersons 2,040 $31,040 $32,881 $34,580
Office Clerks, General 1,840 $39,470 $41,811 $43,630
Cashiers 1,730 $29,140 $30,869 $31,190
Heavy and Tractor-Trailer Truck Drivers 1,680 $54,440 $57,669 $57,440

Pay from the BLS metro survey, adjusted by dividing by the metro parity of 94.4.

Nearby metro areas

Other metros in the same states
Metro area All items Rents Rank
Boise City 98.4 105.6 #104
Coeur d'Alene 98.3 105.6 #105
Logan 95.9 91.0 #148
Lewiston 91.2 71.9 #263
Pocatello 88.9 66.4 #314

Idaho Falls: common questions

Is Idaho Falls expensive?

Prices are 5.6% below the national average, a parity of 94.4 where the country is 100. It ranks #178 of the 387 metro areas BEA measures. Against Idaho as a whole it is 1.1 points less expensive.

What salary do you need in Idaho Falls?

The median worker there earns $45,080, which buys what $47,754 buys nationally once local prices are taken into account. Comparing a salary offer between cities without this adjustment is comparing nothing useful.

Is housing the reason?

Usually. Rents here are at 84.0 against goods at 96.2. Goods barely vary between American cities because most are shipped and priced nationally; housing varies enormously, and it dominates any cost of living comparison.