Cost of Living in Idaho Falls, ID
| Cost of Living in Idaho Falls, ID | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 32% lower | 43% lower |
| Utilities (Monthly) | 1% lower | 16% lower |
| Food | 5% lower | 7% lower |
| Healthcare | 0% | 0% |
| Transportation | 9% higher | 21% higher |
| Goods & Services | 9% lower | 12% lower |
The cost of living in Idaho Falls, ID is 11% lower than the state average and 16% lower than the national average. Idaho Falls, ID housing is 43% cheaper than the U.S average, while utilities are about 16% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 7% cheaper in Idaho Falls, ID than in the rest of the country, while clothing costs around 12% less .
Healthcare services such as doctor check-ups and dentistry cost 0% here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 12% cheaper in Idaho Falls, ID.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Idaho Falls is $935, while home prices circle around $270,653.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Idaho Falls, energy bills cost around $163.70 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $3.90 in Idaho Falls, a dozen eggs go for around $2.89 and a pound of potatoes circles around $4.12.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Idaho Falls, an optometry check-up costs around $116.33, while a dentist appointment is priced $107.56 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $4.43 in Idaho Falls, while getting your tires balanced will run you about $62.81.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $26.77 here. Meanwhile, a pair of women's slacks will set you back around $22.55.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Idaho Falls, you should budget around $13.25 a month. When it comes to personal services, a haircut usually goes for $18.35, while dry cleaning costs about $16.00.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Idaho Falls, the median household income is $69,630.