Miami-Fort Lauderdale-West Palm Beach vs Idaho Falls

Cost of living comparison based on BEA Regional Price Parities. Idaho Falls is 17.3% less expensive than Miami-Fort Lauderdale-West Palm Beach.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Miami-Fort Lauderdale-West Palm Beach, FL at an overall Regional Price Parity of 114.2 and Idaho Falls, ID at 94.4, using the U.S. national average of 100 as the reference point. That puts Idaho Falls 17.3% less expensive than Miami-Fort Lauderdale-West Palm Beach on a blended basket of goods, services, and rents. The raw index gap of 19.7 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, Miami-Fort Lauderdale-West Palm Beach indexes goods at 103.6, services at 97.2, and rents at 155.6, while Idaho Falls comes in at 96.2, 69.7, and 84.0 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - Miami-Fort Lauderdale-West Palm Beach carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in Miami-Fort Lauderdale-West Palm Beach has the same purchasing power as $82,705 in Idaho Falls based on these indexes. The two metros serve populations of roughly 6,138,876 (Miami-Fort Lauderdale-West Palm Beach) and 161,944 (Idaho Falls), and median household incomes are $73,481 versus $77,300 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

Miami-Fort Lauderdale-West Palm Beach
114.2
Cost Index
Idaho Falls
94.4
Cost Index

Category Breakdown

Category Miami-Fort Lauderdale-West Palm Beach Idaho Falls Difference
Overall 114.2 94.4 -19.7
Goods 103.6 96.2 -7.4
Services 97.2 69.7 -27.6
Rents 155.6 84.0 -71.6

Visual Comparison

Overall
Miami-Fort Lauderdale-West Palm Beach
114.2
Idaho Falls
94.4
Goods
Miami-Fort Lauderdale-West Palm Beach
103.6
Idaho Falls
96.2
Services
Miami-Fort Lauderdale-West Palm Beach
97.2
Idaho Falls
69.7
Rents
Miami-Fort Lauderdale-West Palm Beach
155.6
Idaho Falls
84.0

Vertical line = national average (100)

Salary Equivalents

What a salary in Miami-Fort Lauderdale-West Palm Beach would need to be in Idaho Falls for the same purchasing power:

In Miami-Fort Lauderdale-West Palm Beach In Idaho Falls Difference
$50,000 $41,353 $-8,647
$75,000 $62,029 $-12,971
$100,000 $82,705 $-17,295
$150,000 $124,058 $-25,942

Use the salary calculator for custom amounts.

Metro Context

Metric Miami-Fort Lauderdale-West Palm Beach Idaho Falls
Population 6,138,876 161,944
Median Income $73,481 $77,300
Data Year 2024 2024

Frequently Asked Questions

Is Idaho Falls more expensive than Miami-Fort Lauderdale-West Palm Beach?
Idaho Falls is 17.3% less expensive than Miami-Fort Lauderdale-West Palm Beach. The overall cost index is 94.4 vs 114.2 (national average = 100).
What salary in Idaho Falls equals $100K in Miami-Fort Lauderdale-West Palm Beach?
A $100,000 salary in Miami-Fort Lauderdale-West Palm Beach has the same purchasing power as $82,705 in Idaho Falls. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Miami-Fort Lauderdale-West Palm Beach and Idaho Falls?
Rents in Miami-Fort Lauderdale-West Palm Beach are indexed at 155.6 while Idaho Falls is at 84.0 (national average = 100). Miami-Fort Lauderdale-West Palm Beach has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial