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Cheapest Places to Live in Idaho: 2024 Metro Ranking

Compare cities and metro areas ranked by the 2024 BEA cost-of-living index in Idaho. 6 metro areas are available.

Pocatello, ID is the cheapest tracked metro area in Idaho.

According to the U.S. Bureau of Economic Analysis, Pocatello, ID has the lowest overall Regional Price Parity in this Idaho ranking at 88.9. The national average is 100, so this comparison identifies the lowest relative price level among the metro areas BEA reports; it does not estimate a household budget or citywide inflation.

  • Pocatello, ID ranks first of 6 listed Idaho metro areas
  • 6 of 6 listed metros are below the U.S. price-level benchmark

A data-shaped reading

How to read Idaho's affordable metro pattern

The sequence below follows the strongest decision signal in this state's component mix, metro spread, retained-release movement, and national-benchmark coverage.

National benchmark coverage

Every listed metro is below the U.S. baseline

All 6 metros in this ranking sit below 100, with an average overall index of 93.9. That makes the low-price pattern broader than a single outlier. It still does not cover nonmetro communities, and a lower price level says nothing by itself about local wages.

Component driver

Housing establishes the low-cost floor

Pocatello, ID's rents index is 66.4, compared with 96.2 for goods and 69.8 for services. That places housing 22.5 points below the metro's overall index. Housing contributes meaningful relief, but the other components remain close enough to matter in a real household budget.

Latest retained release

The retained releases show little overall movement

From 2023 to 2024, Pocatello, ID's overall RPP rose by 0.3 points. The largest component move was rents, which changed by -4.7 points. Because RPP is relative to the national price level, this describes movement against the U.S. benchmark, not literal deflation or inflation in a household's bills.

Strength of the lead

The cheapest metro has a visible cushion

Pocatello, ID leads Lewiston, ID-WA by 2.3 points. That is large enough to distinguish the first row from the immediate alternative, while the 9.5-point statewide range still leaves room for a different metro to fit a job or housing search better.

# Metro Overall
1 Pocatello, ID 88.9
2 Lewiston, ID-WA 91.2
3 Twin Falls, ID * 92.1
4 Idaho Falls, ID 94.4
5 Coeur d'Alene, ID 98.3
6 Boise City, ID 98.4

Source: Bureau of Economic Analysis, Regional Price Parities Index where national average = 100

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.