Twin Falls, Idaho
Living in Twin Falls, Idaho is about 12% cheaper than the national average, with a cost of living index of 88 (US = 100). Typical rent is $1,559 a month, 19% 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 48% of the area's $65,338 median household income.
Key Numbers
Gas (Regular)
$4.29
National: $3.98
Avg Rent (All)
$1,559
National: $1,932
Grocery Inflation
1.77%
Year-over-year
Fast Food Avg
$12.00
Combo meal
Electricity
13.37ยข
per kWh ยท ~$120/mo
Car Insurance
$121/mo
$1,450/yr
Median Household Income
$65,338
47.9% goes to essentials
Car Insurance
Avg $1,450 in Twin Falls. Compare rates:
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Some prices above are regional estimates. Submit a receipt from a local store to help us show what Twin Falls residents actually pay.
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Find Apartments
Avg rent $1,559/mo in Twin Falls. Browse 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
$1.29 @ Fred Meyer - Twin Falls (FRED) (Mar 2026)
Ground Beef (lb)
$1.48 in 2000 โ $6.75 BLS avg
Milk (gallon)
$2.79 in 2000 โ $4.10 BLS avg
$2.89 @ Fred Meyer - Twin Falls (FRED) (Mar 2026)
Chicken Breast (lb)
$1.06 in 2000 โ $2.03 BLS avg
$4.99 @ Fred Meyer - Twin Falls (FRED) (Mar 2026)
Bread (lb)
$0.91 in 2000 โ $1.86 BLS avg
$2.49 @ Fred Meyer - Twin Falls (FRED) (Mar 2026)
| Item | 2000 | 2005 | 2010 | 2015 | 2020 | 2022 | 2026 | Since 2000 |
|---|---|---|---|---|---|---|---|---|
| Eggs (dozen)Bird flu volatility$1.29 @ Fred Meyer - Twin Falls (FRED) (Mar 2026) | $0.97 | $1.21 | $1.79 | $2.11 | $1.46 | $1.93 | $2.32 | +137.9% |
| Ground Beef (lb) | $1.48 | $2.19 | $2.28 | $4.24 | $3.89 | $4.55 | $6.75 | +355.5% |
| Milk (gallon)$2.89 @ Fred Meyer - Twin Falls (FRED) (Mar 2026) | $2.79 | $3.30 | $3.24 | $3.76 | $3.25 | $3.79 | $4.10 | +47.3% |
| Bread (lb)$2.49 @ Fred Meyer - Twin Falls (FRED) (Mar 2026) | $0.91 | $1.00 | $1.36 | $1.48 | $1.35 | $1.55 | $1.86 | +105.2% |
| Chicken Breast (lb)$4.99 @ Fred Meyer - Twin Falls (FRED) (Mar 2026) | $1.06 | $1.03 | $1.26 | $1.55 | $1.41 | $1.62 | $2.03 | +91.3% |
Dining & Restaurants
Fast Food Meal
$12.00
Casual Dining
$18.25
Monthly Spend
$442
+3.1% YoYChain Restaurant Meal Prices โ 2022 vs. Today
Combo meal / typical order for one
McDonalds
2022: $5.78
$7.65
+32.4%Wendys
2022: $8.82
$12.29
+39.3%Five Guys
2022: $16.95
$20.25
+19.5%Eating out more? Save on groceries with Ibotta and cook at home more often.
Looking for an Apartment in Twin Falls?
Average 1BR: $1,278/mo ยท 2BR: $1,840/mo
Local Workforce
2024 ยท BLS QCEWTotal Jobs
42k
Median Weekly Pay
$926
$48k/yr
Top Sector
Trade, Transportation & Utilities
Household vs Worker Pay
$65k
household median
Employment by Sector โ Twin Falls
% of local workforce ยท avg weekly wage ยท 5-year growth trend
~$47k/yr
~$54k/yr
~$61k/yr
~$21k/yr
~$51k/yr
Source: BLS QCEW 2024 Annual ยท County FIPS 16083
Highest Paying Sector
Financial Activities
$1,210/wk ยท $63k/yr
Most Workers (lowest wage)
Leisure & Hospitality
$401/wk ยท $21k/yr
Twin Falls Cost of Living FAQ
Is Twin Falls, ID expensive to live in?
Twin Falls has a cost of living index of 88, where 100 is the US average, so it is about 12% cheaper than average. It is the 3rd most affordable of the 8 Idaho cities we track.
What is the average rent in Twin Falls, ID?
Typical rent in Twin Falls is $1,559 a month for all home types as of September 2026, 19% below the national figure of $1,932. One bedroom units average about $1,278 and two bedrooms about $1,840. Source: Zillow Observed Rent Index for the metro area.
Is rent going up in Twin Falls?
Rent in Twin Falls rose 3.1% over the past year, faster than the 2.7% change nationally.
How much is gas in Twin Falls?
Regular unleaded costs about $4.29 a gallon in Twin 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 Twin 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 Twin Falls is about $120.
How much is car insurance in Twin 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 Twin Falls?
Median household income in the Twin Falls area is $65,338 (Census ACS 2023, county level). Rent, gas, groceries, electricity and car insurance add up to about $31,290 a year, or 48% 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 Twin Falls compare with the rest of Idaho?
Rent in Twin Falls is 3% below the $1,604 average across the 8 Idaho cities we track, and its cost of living index of 88 compares with a state average of 94.
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