Home / Metros /
2024 BEA RPP All 4 categories Federal source

Twin Falls, ID *

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.

What the Numbers Mean for Twin Falls

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.

Twin Falls Cost Index at a Glance

Twin Falls all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10092.1

Twin Falls category breakdown

BEA RPP composition by goods, services, rents, overall

Rents73.833Services70.028Goods96.179Overall92.108

Price Index Summary

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

Price Index vs National Average (100)

Overall
National avg

Index 92.1 (-7.9 vs national avg)

Goods
National avg

Index 96.2 (-3.8 vs national avg)

Services
National avg

Index 70.0 (-30.0 vs national avg)

Rents
National avg

Index 73.8 (-26.2 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Services -30.0% (70.0)
Rents -26.2% (73.8)
Overall -7.9% (92.1)
Goods -3.8% (96.2)

Income Adequacy in Twin Falls

Twin Falls income adequacy score

$75,000 median income vs RPP 92.1

0/100100/100100/100

Salary Equivalent

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

$92,108

in Twin Falls, ID * purchasing power

$50,000 nationally
$46,054
$75,000 nationally
$69,081
$125,000 nationally
$115,135
$150,000 nationally
$138,162
$200,000 nationally
$184,216

Use the salary calculator for custom amounts.

RPP History (2008-2024)

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

Metros with Similar Cost of Living

These metros have an overall RPP closest to Twin Falls, ID *'s index of 92.1.

Related Data for Twin Falls

Frequently Asked Questions

What is the cost of living in Twin Falls, ID *?
Twin Falls, ID * has a Regional Price Parity (RPP) index of 92.1, meaning it is 7.9% less expensive than the national average. Goods are indexed at 96.2, services at 70.0, and rents at 73.8. It ranks #240 out of 387 U.S. metro areas by overall cost.
What salary do I need in Twin 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 $92,108 in Twin Falls, ID *. Conversely, $100K earned in Twin Falls, ID * has the purchasing power of $108,568 at the national average.
How expensive is rent in Twin Falls, ID *?
Rents in Twin Falls, ID * are indexed at 73.8, which is 26.2% below the national average. This makes the area relatively affordable for renters.
Is Twin Falls, ID * getting more expensive?
From 2008 to 2024, Twin Falls, ID *'s overall cost index changed by +92.1 points (from 0.0 to 92.1). The cost of living has been trending upward.
What metros have a similar cost of living to Twin Falls, ID *?
Metros with the most similar overall cost index include Jacksonville, Rockford, Tyler. These areas have RPP values within a few points of Twin Falls, ID *'s 92.1.

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

Related

Data sourced from official U.S. government 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.

All federal data sources used on this page