Cost of LivingUpdated 2026-11-11

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

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

Avg Rent (All)

$1,559

National: $1,932

โ†‘ 15.7%since 2022
โœ“ Zillow ZORI Twin Falls, ID metro (2026-09)

Grocery Inflation

1.77%

Year-over-year

โœ“ BLS/FRED CPI

Fast Food Avg

$12.00

Combo meal

โ†‘ 3.1%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

$65,338

47.9% goes to essentials

โ†“ 47.9%cost burden
โœ“ Census ACS 2023
๐Ÿš—

Car Insurance

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

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Find Apartments

Avg rent $1,559/mo in Twin 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

$1.29 @ Fred Meyer - Twin Falls (FRED) (Mar 2026)

+137.9%

Ground Beef (lb)

$1.48 in 2000 โ†’ $6.75 BLS avg

+355.5%

Milk (gallon)

$2.79 in 2000 โ†’ $4.10 BLS avg

$2.89 @ Fred Meyer - Twin Falls (FRED) (Mar 2026)

+47.3%

Chicken Breast (lb)

$1.06 in 2000 โ†’ $2.03 BLS avg

$4.99 @ Fred Meyer - Twin Falls (FRED) (Mar 2026)

+91.3%

Bread (lb)

$0.91 in 2000 โ†’ $1.86 BLS avg

$2.49 @ Fred Meyer - Twin Falls (FRED) (Mar 2026)

+105.2%

Dining & Restaurants

Fast Food Meal

$12.00

Casual Dining

$18.25

Monthly Spend

$442

+3.1% YoY

Chain 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

Browse Twin Falls Apartments โ†’

Local Workforce

2024 ยท BLS QCEW

Total 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

Trade, Transportation & Utilities
+4.2% 5yr$895/wk
20.5%

~$47k/yr

Education & Health Services
+19.2% 5yr$1,034/wk
16.9%

~$54k/yr

Construction
+13.1% 5yr$1,174/wk
12.4%

~$61k/yr

Leisure & Hospitality
+9.7% 5yr$401/wk
11.5%

~$21k/yr

Professional & Business Services
-19.5% 5yr$972/wk
9.4%

~$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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