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.
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
$82K
local median income, national buying power
A $100,000 national salary carries the purchasing power of about $105,919 here; matching a $100K lifestyle takes roughly $94,412.
What the Numbers Mean for Idaho Falls
Idaho Falls ranks #177 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the more-expensive half of U.S. metros. With an overall Regional Price Parity of 94.4, Idaho Falls, ID is 5.6% cheaper than the national baseline of 100. The gap between Idaho Falls's most and least expensive categories - goods at 96.2 versus services at 69.7 - is what drives the household budget experience on the ground, not the single headline number.
Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $105,919 inside Idaho Falls, while a household needs roughly $94,412 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 84.0 - 16.0% below the national average, so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.
Looking at the 2008-2024 trajectory, Idaho Falls's overall index has stayed within 0.8 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 96.2 and services at 69.7, meaning everyday spending in Idaho Falls is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.
Idaho Falls vs every U.S. metro
Where this metro sits in the national cost distribution
94Top 46%higher than 54% of 387 US metros
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
Rents
84
Rents
84 RPP
87.3% of the leader · rank #1 · -16.0 vs avg
Services
69.7
Services
69.7 RPP
72.5% of the leader · rank #2 · -30.3 vs avg
Overall
94.4
Overall
94.4 RPP
98.1% of the leader · rank #3 · -5.6 vs avg
Goods
96.2
Goods
96.2 RPP
100.0% of the leader · rank #4 · -3.8 vs avg
What this shows Idaho Falls's gap from the national average is led by services at 69.7. Goods barely move between metros; the spread you feel is housing and services.
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.
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.
Price Index Summary
Overall
94.4
-5.6 below avg
Goods
96.2
-3.8 below avg
Services
69.7
-30.3 below avg
Rents
84.0
-16.0 below avg
Salary Equivalent
A $100,000 salary at the national average cost of living equals:
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
Year
Overall
Goods
Services
Rents
2008
95.2
102.5
65.1
75.2
2009
93.9
100.2
71.0
76.1
2010
91.2
99.9
73.6
69.0
2011
93.7
99.9
74.6
75.2
2012
93.2
97.2
77.0
77.6
2013
91.8
95.3
79.3
71.9
2014
87.9
97.6
79.9
53.8
2015
94.9
103.4
81.1
70.7
2016
95.4
105.0
85.1
79.8
2017
95.4
103.1
79.9
75.6
2018
90.9
96.0
73.8
72.3
2019
92.0
98.8
73.8
72.6
2020
90.9
95.3
74.1
74.6
2021
90.3
96.4
68.3
76.8
2022
90.9
95.9
66.0
83.1
2023
90.8
95.8
67.8
79.4
2024
94.4
96.2
69.7
84.0
Metros with Similar Cost of Living
These metros have an overall RPP closest to Idaho Falls, ID's index of 94.4.
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 →
Weigh housing heaviest: rents here index at 84.0 (16.0% below average) - the single largest swing in the RPP, while goods barely move between metros.
Local median household income is $77,300; adjusted for Idaho Falls's price level that is about $81,875 in national-average buying power.
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.
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.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial
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.
U.S. Census Bureau, American Community Survey (ACS) - the gross-rent observations BEA uses to build the rents component. census.gov/programs-surveys/acs
BLS Consumer Price Index (CPI) - the price program underlying BEA's goods and services price relatives. bls.gov/cpi
BLS Occupational Employment and Wage Statistics (OEWS) - wage reference for the labor-driven services component. bls.gov/oes
HUD Fair Market Rents (FMR) - federal 40th-percentile rent cross-reference for the housing component. huduser.gov/datasets/fmr
Every figure on PlainCost is rendered directly from BEA Regional Price
Parity source data, no number is typed in by an editor. This page draws directly on BEA Regional Price Parity source data, no figure is typed in by an editor. See our
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report a data error. Data current as of 2026-05-15. Rankings measure the published cost-of-living index only; we don't recommend where to live
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