Cost of LivingUpdated 2026-11-11

Idaho Falls, Idaho

Living in Idaho Falls, Idaho is about 10% cheaper than the national average, with a cost of living index of 90 (US = 100). Typical rent is $1,434 a month, 26% below the national figure of $1,932, and regular gas costs $4.29 a gallon versus $3.98 nationally as of November 11, 2026. Rent, gas, groceries, electricity and car insurance take about 39% of the area's $76,646 median household income.

Key Numbers

Gas (Regular)

$4.29

National: $3.98

โ†‘ 208.0%since 2000
โœ“ AAA Gas Prices

Avg Rent (All)

$1,434

National: $1,932

โ†‘ 13.1%since 2021
โœ“ Zillow ZORI Idaho Falls, ID metro (2026-09)

Grocery Inflation

1.77%

Year-over-year

โœ“ BLS/FRED CPI

Fast Food Avg

$12.25

Combo meal

โ†‘ 3.0%YoY

Electricity

13.37ยข

per kWh ยท ~$120/mo

โ†“ 27.5%vs US avg
โœ“ EIA Residential

Car Insurance

$121/mo

$1,450/yr

โ†“ 32.6%vs national avg
โœ“ Bankrate/NAIC

Median Household Income

$76,646

38.9% goes to essentials

โ†“ 38.9%cost burden
โœ“ Census ACS 2023
๐Ÿš—

Car Insurance

Avg $1,450 in Idaho Falls. Compare rates:

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Find Apartments

Avg rent $1,434/mo in Idaho Falls. Browse listings:

Browse listings โ†’Verified listings

Grocery Prices

Grocery Prices โ€” 2000 to Present

National BLS averages ยท submit local prices below โ†“

Eggs (dozen)

Bird flu volatility

$0.97 in 2000 โ†’ $2.32 BLS avg

$1.79 @ Fred Meyer - Idaho Falls (Nov 2026)

+137.9%

Milk (gallon)

$2.79 in 2000 โ†’ $4.10 BLS avg

$3.79 @ Fred Meyer - Idaho Falls (Nov 2026)

+47.3%

Ground Beef (lb)

$1.48 in 2000 โ†’ $6.75 BLS avg

$6.49 @ Fred Meyer - Idaho Falls (Nov 2026)

+355.5%

Bread (loaf)

$0.91 in 2000 โ†’ $1.86 BLS avg

$4.79 @ Fred Meyer - Idaho Falls (Nov 2026)

+105.2%

Chicken Breast (lb)

$1.06 in 2000 โ†’ $2.03 BLS avg

$4.89 @ Fred Meyer - Idaho Falls (Nov 2026)

+91.3%

Butter (lb)

$3.98 BLS avg

$4.79 @ Fred Meyer - Idaho Falls (Nov 2026)

-4.2% since 2018

Bacon (lb)

$2.75 in 2000 โ†’ $6.69 BLS avg

$3.99 @ Fred Meyer - Idaho Falls (Nov 2026)

+143.1%

Cheddar Cheese (lb)

$3.84 in 2000 โ†’ $6.13 BLS avg

$7.00 @ Fred Meyer - Idaho Falls (Nov 2026)

+59.6%

Pasta (lb)

$0.88 in 2000 โ†’ $1.38 BLS avg

$1.67 @ Fred Meyer - Idaho Falls (Nov 2026)

+57.1%

Rice (5 lb)

$2.50 in 2000 โ†’ $5.50 BLS avg

$4.72 @ Fred Meyer - Idaho Falls (Nov 2026)

+120.6%

Coffee (12 oz)

$2.65 in 2000 โ†’ $6.94 BLS avg

$9.79 @ Fred Meyer - Idaho Falls (Nov 2026)

+161.3%

Orange Juice (64 oz)

Citrus shortage

$4.98 estimate

+44.3% since 2022

Potatoes (5 lb)

$1.96 in 2000 โ†’ $4.95 BLS avg

$2.99 @ Fred Meyer - Idaho Falls (Nov 2026)

+152.6%

Apples (3 lb)

$4.59 estimate

$3.99 @ Fred Meyer - Idaho Falls (Nov 2026)

+11.1% since 2022

Tomatoes (lb)

$1.44 in 2000 โ†’ $2.08 BLS avg

$1.29 @ Fred Meyer - Idaho Falls (Nov 2026)

+44.4%

Lettuce (head)

$0.75 in 2000 โ†’ $1.96 BLS avg

+162.3%

Cooking Oil (48 oz)

$7.39 estimate

$3.79 @ Fred Meyer - Idaho Falls (Nov 2026)

+46.3% since 2022

Yogurt (32 oz)

$4.92 estimate

$5.49 @ Fred Meyer - Idaho Falls (Nov 2026)

+21.5% since 2022

Cereal (family size)

$5.80 estimate

$5.00 @ Fred Meyer - Idaho Falls (Nov 2026)

+25.3% since 2022

Frozen Pizza

$8.21 estimate

$5.69 @ Fred Meyer - Idaho Falls (Nov 2026)

+40.1% since 2022

Dining & Restaurants

Fast Food Meal

$12.25

Casual Dining

$21.18

Monthly Spend

$369

+3% YoY

Chain Restaurant Meal Prices โ€” 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $7.17

$11.57

+61.4%

Wendy's

2022: $8.10

$12.50

+54.3%

Chipotle

2022: $8.68

$12.96

+49.3%

Starbucks

2022: $4.01

$5.57

+38.9%

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Looking for an Apartment in Idaho Falls?

Average 1BR: $1,176/mo ยท 2BR: $1,692/mo

Browse Idaho Falls Apartments โ†’

Local Workforce

2024 ยท BLS QCEW

Total Jobs

61k

Median Weekly Pay

$948

$49k/yr

Top Sector

Trade, Transportation & Utilities

Household vs Worker Pay

$77k

household median

Employment by Sector โ€” Idaho Falls

% of local workforce ยท avg weekly wage ยท 5-year growth trend

Trade, Transportation & Utilities
+13.8% 5yr$895/wk
23.1%

~$47k/yr

Education & Health Services
+20.4% 5yr$876/wk
20.1%

~$46k/yr

Leisure & Hospitality
+20.9% 5yr$388/wk
12.5%

~$20k/yr

Professional & Business Services
+4.9% 5yr$1,384/wk
10.5%

~$72k/yr

Manufacturing
+35.2% 5yr$1,202/wk
7.5%

~$63k/yr

Source: BLS QCEW 2024 Annual ยท County FIPS 16019

Highest Paying Sector

Professional & Business Services

$1,384/wk ยท $72k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$388/wk ยท $20k/yr

Idaho Falls Cost of Living FAQ

Is Idaho Falls, ID expensive to live in?

Idaho Falls has a cost of living index of 90, where 100 is the US average, so it is about 10% cheaper than average. It is the 4th most affordable of the 8 Idaho cities we track.

What is the average rent in Idaho Falls, ID?

Typical rent in Idaho Falls is $1,434 a month for all home types as of September 2026, 26% below the national figure of $1,932. One bedroom units average about $1,176 and two bedrooms about $1,692. Source: Zillow Observed Rent Index for the metro area.

Is rent going up in Idaho Falls?

Rent in Idaho Falls rose 2.1% over the past year, slower than the 2.7% change nationally.

How much is gas in Idaho Falls?

Regular unleaded costs about $4.29 a gallon in Idaho Falls as of November 11, 2026, based on the AAA average for Idaho. That is 8% above the national average of $3.98.

How much is electricity in Idaho Falls?

Homes in Idaho pay an average of 13.4 cents per kWh (EIA), versus 18.4 cents nationally. At 900 kWh a month, a typical bill in Idaho Falls is about $120.

How much is car insurance in Idaho Falls?

Full coverage car insurance averages $1,450 a year in Idaho, or about $121 a month (Bankrate and NAIC state average), compared with $2,150 a year nationally.

How much do you need to live in Idaho Falls?

Median household income in the Idaho Falls area is $76,646 (Census ACS 2023, county level). Rent, gas, groceries, electricity and car insurance add up to about $29,790 a year, or 39% of that income. Groceries are counted at $7,112 a year, the average household spend on food at home in the region (BLS Consumer Expenditure Survey).

How does Idaho Falls compare with the rest of Idaho?

Rent in Idaho Falls is 11% below the $1,604 average across the 8 Idaho cities we track, and its cost of living index of 90 compares with a state average of 94.

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