Cost of Living in Idaho Falls, ID
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.2
100 = national avg
+8.2 vs national average
Living Wage (1 Adult)
$47,609
per year
Living Wage (Family of 4)
$112,531
per year
Cost Index by Category
Housing122.0
Food103.2
Transportation87.7
Healthcare102.6
Utilities106.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,095
per month
2 Bedroom
$1,305
per month
The overall cost of living index in Idaho Falls is 108.2, which is 8.2% above the national average. Housing costs are above the national average at an index of 122.0. A single adult needs to earn approximately $47,609 per year to cover basic expenses.