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Metro cost profile · 2024 BEA RPP

Idaho Falls, ID

Cost-of-living indicators for Idaho Falls, ID, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

94.4
Overall RPP
#177
of 387 metros
84.0
Rents RPP
$106K
$100K national buys

Idaho Falls ranks #177 of 387 U.S. metros by cost, and its overall price index has held steady since 2008.

  • stable since 2008
  • similar cost to Elmira

The verdict

Idaho Falls costs less than 46% of U.S. metros, an overall index of 94.4, 5.6% below the national average, with services the biggest swing at 69.7.

bottom 54%
by overall cost, nationwide
96.2
goods RPP, tradable items
69.7
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $105,919 here; matching a $100K lifestyle takes roughly $94,412.

Service-cost relief profile

How Idaho Falls's cost structure works

Services provide the strongest cost offset in Idaho Falls: their index is 69.7, farther below the national baseline than rents or tradable goods. The overall RPP of 94.4 therefore has a different source than a place with cheaper housing instead.

Across all reported metros, the closest component-profile matches are Knoxville, TN, Slidell-Mandeville-Covington, LA, New Orleans-Metairie, LA. They resemble Idaho Falls across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Idaho Falls's overall index has stayed within 0.8 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

Idaho Falls vs every U.S. metro

Where this metro sits in the national cost distribution

94 Top 46% higher than 54% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). This entry sits in this band. 96–100: 55 US metros (14%). Above this entry. 100–104: 54 US metros (14%). Above this entry. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Idaho Falls cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Idaho Falls's strongest departure is services at 69.7; rents follows at 84.0. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Idaho Falls's cost comes from

Metros near Idaho Falls's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 96.4, rents 76.4). Idaho Falls is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 92949698100102 707580859095100 Goods RPP (tradable items) → Rents RPP (housing) → Idaho FallsElmiraChambersburgHagerstownPittsburghDaphneSan Antonio
Crosshairs sit at the group median (goods 96.4, rents 76.4). Idaho Falls is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Idaho Falls (Idaho Falls, this metro): goods RPP 96.2, rents RPP 84
  • Elmira: goods RPP 99.7, rents RPP 76.4
  • Chambersburg: goods RPP 100.7, rents RPP 71.9
  • Hagerstown: goods RPP 96.4, rents RPP 75.7
  • Pittsburgh: goods RPP 100.7, rents RPP 72
  • Daphne: goods RPP 96.4, rents RPP 89.2
  • San Antonio: goods RPP 93.8, rents RPP 94.6

Price Index Summary

Overall

94.4

Below avg

Goods

96.2

Below avg

Services

69.7

Cheap

Rents

84.0

Cheap

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.8 points over this period. The largest single-year move was in 2015, when the index jumped 7.0 points from the year before, a bigger swing than the full 2008-2024 change.

Idaho Falls overall RPP, 2008-2024

Every year on record, national average = 100

Stable
859095100 20082024 95.2 94.4 ▼ -0.8%
Year Overall
2008 95.2
2009 93.9
2010 91.2
2011 93.7
2012 93.2
2013 91.8
2014 87.9
2015 94.9
2016 95.4
2017 95.4
2018 90.9
2019 92.0
2020 90.9
2021 90.3
2022 90.9
2023 90.8
2024 94.4

Latest BEA release change

What changed from 2023 to 2024

Idaho Falls's overall RPP rose +3.6 points, from 90.8 in 2023 to 94.4 in 2024. The largest category movement was rents, changing from 79.4 to 84.0. This is a relative change against the national benchmark, not a household's dollar bill.

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$94,412

in Idaho Falls, ID purchasing power

$50,000 nationally
$47,206
$75,000 nationally
$70,809
$125,000 nationally
$118,015
$150,000 nationally
$141,618
$200,000 nationally
$188,824

Use the salary calculator for custom amounts.

Affordability score

D
43/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability D
43rd percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

Decision peers

Metros with a similar cost mix

These metros are closest to Idaho Falls's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

ID-relative analysis

Goods prices places Idaho Falls, ID near the bottom of ID's metros

Among the 6 ID metros PlainCost tracks with reported goods prices data, Idaho Falls, ID ranks #2 - the 0th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Idaho Falls, ID only against its own state's metros, not the full US field.

Goods prices
#2 of 6
0th percentile in ID
Services prices
#6 of 6
0th percentile in ID
Rent prices
#3 of 6
50th percentile in ID

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within ID only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Idaho Falls, ID: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Metros with Similar Cost of Living

These metros have an overall RPP closest to Idaho Falls, ID's index of 94.4.

Showing the 6 closest of 387 metro areas tracked nationally.

Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

Shareable PlainCost cost snapshot for Idaho Falls cost of living snapshot

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What this means for Idaho Falls

How to read Idaho Falls's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $105,919 in Idaho Falls. Salary calculator
  • Start with services: it indexes at 69.7, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Idaho Falls head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Idaho Falls, ID?

Idaho Falls, ID has a Regional Price Parity (RPP) index of 94.4, meaning it is 5.6% less expensive than the national average. Goods are indexed at 96.2, services at 69.7, and rents at 84.0. It ranks #177 out of 387 U.S. metro areas by overall cost.

What salary do I need in Idaho Falls, ID to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $94,412 in Idaho Falls, ID. Conversely, $100K earned in Idaho Falls, ID has the purchasing power of $105,919 at the national average.

How expensive is rent in Idaho Falls, ID?

Rents in Idaho Falls, ID are indexed at 84.0, which is 16.0% below the national average. This makes the area relatively affordable for renters.

Is Idaho Falls, ID getting more expensive?

From 2008 to 2024, Idaho Falls, ID's overall cost index changed by -0.8 points (from 95.2 to 94.4). The cost of living has remained relatively stable.

What costs the most in Idaho Falls, ID?

The priciest category in Idaho Falls, ID is goods at 96.2, 3.8% below the national average, still the highest of the three categories. The most affordable category is services at 69.7, 30.3% below average.

What metros have a similar cost of living to Idaho Falls, ID?

Metros with the most similar overall cost index include Elmira, Chambersburg, Hagerstown-Martinsburg. These areas have RPP values within a few points of Idaho Falls, ID's 94.4.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.