New York-Newark-Jersey City vs Idaho Falls

Cost of living comparison based on BEA Regional Price Parities. Idaho Falls is 16.1% less expensive than New York-Newark-Jersey City.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes New York-Newark-Jersey City, NY-NJ at an overall Regional Price Parity of 112.6 and Idaho Falls, ID at 94.4, using the U.S. national average of 100 as the reference point. That puts Idaho Falls 16.1% less expensive than New York-Newark-Jersey City on a blended basket of goods, services, and rents. The raw index gap of 18.2 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, New York-Newark-Jersey City indexes goods at 110.3, services at 127.0, and rents at 148.6, 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 - New York-Newark-Jersey City 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 New York-Newark-Jersey City has the same purchasing power as $83,875 in Idaho Falls based on these indexes. The two metros serve populations of roughly 19,756,722 (New York-Newark-Jersey City) and 161,944 (Idaho Falls), and median household incomes are $97,334 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.

New York-Newark-Jersey City
112.6
Cost Index
Idaho Falls
94.4
Cost Index

Category Breakdown

Category New York-Newark-Jersey City Idaho Falls Difference
Overall 112.6 94.4 -18.2
Goods 110.3 96.2 -14.1
Services 127.0 69.7 -57.4
Rents 148.6 84.0 -64.6

Visual Comparison

Overall
New York-Newark-Jersey City
112.6
Idaho Falls
94.4
Goods
New York-Newark-Jersey City
110.3
Idaho Falls
96.2
Services
New York-Newark-Jersey City
127.0
Idaho Falls
69.7
Rents
New York-Newark-Jersey City
148.6
Idaho Falls
84.0

Vertical line = national average (100)

Salary Equivalents

What a salary in New York-Newark-Jersey City would need to be in Idaho Falls for the same purchasing power:

In New York-Newark-Jersey City In Idaho Falls Difference
$50,000 $41,937 $-8,063
$75,000 $62,906 $-12,094
$100,000 $83,875 $-16,125
$150,000 $125,812 $-24,188

Use the salary calculator for custom amounts.

Metro Context

Metric New York-Newark-Jersey City Idaho Falls
Population 19,756,722 161,944
Median Income $97,334 $77,300
Data Year 2024 2024

Frequently Asked Questions

Is Idaho Falls more expensive than New York-Newark-Jersey City?
Idaho Falls is 16.1% less expensive than New York-Newark-Jersey City. The overall cost index is 94.4 vs 112.6 (national average = 100).
What salary in Idaho Falls equals $100K in New York-Newark-Jersey City?
A $100,000 salary in New York-Newark-Jersey City has the same purchasing power as $83,875 in Idaho Falls. This is based on the BEA Regional Price Parity indexes.
How do rents compare between New York-Newark-Jersey City and Idaho Falls?
Rents in New York-Newark-Jersey City are indexed at 148.6 while Idaho Falls is at 84.0 (national average = 100). New York-Newark-Jersey City 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