Overall
92.1
-7.9 below avg
Cost-of-living indicators for Twin Falls, ID *, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.
CBSA: 46300 · Data year: 2024 · Rank: #240 of 387
Twin Falls, ID * has a cost of living index of 92.1, meaning it's 7.9% less expensive than the national average. Goods cost 3.8% less, services 30.0% less, and rents are 26.2% below average. A $100K national salary has the purchasing power of $108,568 here.
Twin Falls ranks #240 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 92.1, Twin Falls, ID * is 7.9% less expensive than the national baseline of 100. The gap between Twin Falls's most and least expensive categories — the priciest line item versus services at 70.0 — 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 $108,568 inside Twin Falls, while a household needs roughly $92,108 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 73.8 — 26.2% 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, Twin Falls's overall index has risen by 92.1 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 96.2 and services at 70.0, meaning everyday spending in Twin 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.
Regional Price Parity vs national average (100)
BEA RPP composition by goods, services, rents, overall
Overall
92.1
-7.9 below avg
Goods
96.2
-3.8 below avg
Services
70.0
-30.0 below avg
Rents
73.8
-26.2 below avg
Index 92.1 (-7.9 vs national avg)
Index 96.2 (-3.8 vs national avg)
Index 70.0 (-30.0 vs national avg)
Index 73.8 (-26.2 vs national avg)
Vertical line on each bar = national average (100)
$75,000 median income vs RPP 92.1
A $100,000 salary at the national average cost of living equals:
in Twin Falls, ID * purchasing power
Use the salary calculator for custom amounts.
The cost of living has been trending upward, increasing by 92.1 points over this period.
| Year | Overall |
|---|---|
| 2008 | 0.0 |
| 2009 | 0.0 |
| 2010 | 0.0 |
| 2011 | 0.0 |
| 2012 | 0.0 |
| 2013 | 0.0 |
| 2014 | 0.0 |
| 2015 | 93.9 |
| 2016 | 94.1 |
| 2017 | 94.7 |
| 2018 | 89.4 |
| 2019 | 90.3 |
| 2020 | 88.0 |
| 2021 | 89.7 |
| 2022 | 90.9 |
| 2023 | 89.4 |
| 2024 | 92.1 |
These metros have an overall RPP closest to Twin Falls, ID *'s index of 92.1.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
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.
Read our methodology — how this data is sourced, computed, and verified.