Cost of Living in Idaho

Updated November 2026 · population 1,934,262

Cost index (US = 100)
95.5
Cheaper than the US average
State rank
#29 of 51
1 = most expensive · all states
Monthly budget
$2,421
single · $5,035 family of 4
Modelled, state-average prices
Median rent
$1,238
home value $418,600

Idaho prices are 4.5% below the US average (index 95.5), ranking 29th most expensive of 51 states and DC; utilities is the biggest saving at 70.4, and a single adult's modelled budget at state-average prices is about $2,421 a month.

Prices by category

Idaho price index by category, US average = 100: All items 95.5, Housing (rents) 90.0, Goods 96.3, Utilities 70.4, Other services 99.0

Cheaper than US average More expensive · BEA RPP 2024, state level
AreaAll items
Idaho (whole state)95.5
Metropolitan areas of Idaho96.7
Nonmetropolitan areas of Idaho91.9

Cities in Idaho

Select a column heading to sort.

Boise 237,242 98.3 $2,716 $5,411 $1,446 $484,800
Meridian 130,138 102.9 $3,113 $5,651 $1,805 $531,600
Nampa 110,319 98.0 $2,421 $5,080 $1,420 $370,800
Idaho Falls 67,725 94.2 $2,285 $4,863 $1,075 $335,500
Caldwell 66,516 96.0 $2,355 $5,067 $1,264 $367,300
Pocatello 57,635 91.7 $2,170 $4,663 $948 $271,000
Coeur d'Alene 56,447 98.9 $2,554 $5,546 $1,468 $483,500
Twin Falls 54,164 93.6 $2,202 $4,894 $1,082 $321,300
Sandpoint 9,637 95.5 $2,464 $4,835 $1,125 $465,600

Metro areas in Idaho

Metro areaAll itemsHousing
Boise City, ID98.4105.6
Coeur d'Alene, ID98.3105.6
Logan, UT-ID95.991.0
Idaho Falls, ID94.484.0
Twin Falls, ID (Metropolitan Statistical Area) *92.173.8
Lewiston, ID-WA91.271.9
Pocatello, ID88.966.4

BEA Regional Price Parities 2024 for metropolitan statistical areas that include part of Idaho.

Modelled monthly budget at Idaho average prices

1 adult · 1-bedroom · modelled estimate for Idaho (state average)

CategoryPer monthPer yearShare
Housing (rent) $839 $10,068 35%
Utilities $191 $2,292 8%
Food at home $272 $3,264 11%
Transportation $609 $7,308 25%
Health care $348 $4,176 14%
Clothing, personal care & supplies $162 $1,944 7%
Total$2,421$29,052100%

2 adults · 2-bedroom · modelled estimate for Idaho (state average)

CategoryPer monthPer yearShare
Housing (rent) $1,022 $12,264 26%
Utilities $303 $3,636 8%
Food at home $502 $6,024 13%
Transportation $1,205 $14,460 30%
Health care $645 $7,740 16%
Clothing, personal care & supplies $320 $3,840 8%
Total$3,997$47,964100%

2 adults + 2 children · 3-bedroom · modelled estimate for Idaho (state average)

CategoryPer monthPer yearShare
Housing (rent) $1,333 $15,996 26%
Utilities $369 $4,428 7%
Food at home $715 $8,580 14%
Transportation $1,605 $19,260 32%
Health care $601 $7,212 12%
Clothing, personal care & supplies $412 $4,944 8%
Total$5,035$60,420100%

state figures Rents are Census ACS state medians by bedrooms. See the methodology.

Electricity and gas and inflation

Residential electricity

13.37¢/kWh, August 2026

12-month change +10.7% · US 18.16¢

Aug 2025: 12.08¢/kWh Sep 2025: 12.50¢/kWh Oct 2025: 12.46¢/kWh Nov 2025: 12.25¢/kWh Dec 2025: 11.88¢/kWh Jan 2026: 12.06¢/kWh Feb 2026: 12.63¢/kWh Mar 2026: 13.00¢/kWh Apr 2026: 12.70¢/kWh May 2026: 12.35¢/kWh Jun 2026: 14.37¢/kWh Jul 2026: 13.73¢/kWh Aug 2026: 13.37¢/kWh

Regular gasoline regional figure: Rocky Mountain (PADD 4)

$4.21/gal, week of 2026-11-02

12-month change +43.4% · US $4.15

2026-05-11: $4.372/gal 2026-05-18: $4.587/gal 2026-05-25: $4.557/gal 2026-06-01: $4.329/gal 2026-06-08: $4.194/gal 2026-06-15: $4.104/gal 2026-06-22: $3.845/gal 2026-06-29: $3.715/gal 2026-07-06: $3.661/gal 2026-07-13: $3.823/gal 2026-07-20: $3.956/gal 2026-07-27: $4.083/gal 2026-08-03: $4.139/gal 2026-08-10: $4.121/gal 2026-08-17: $4.285/gal 2026-08-24: $4.359/gal 2026-08-31: $4.266/gal 2026-09-07: $4.314/gal 2026-09-14: $4.438/gal 2026-09-21: $4.510/gal 2026-09-28: $4.486/gal 2026-10-05: $4.417/gal 2026-10-12: $4.439/gal 2026-10-19: $4.468/gal 2026-10-26: $4.458/gal 2026-11-02: $4.213/gal

Consumer prices in the West region rose +3.4% over the 12 months to September 2026 (US +3.7%; BLS CPI-U).

Price level history

Year201920202021202220232024
Idaho92.491.091.691.892.295.5

Change over the period: +3.1 points. Each year is measured relative to that year's US average.

Frequently asked questions

Is Idaho an expensive state to live in?

Idaho has a cost of living index of 95.5 (US = 100), 4.5% below the US average. It ranks 29th of 51 (1 = most expensive). Housing is 90.0 (rank 24), goods 96.3, utilities 70.4 and other services 99.0. Source: BEA Regional Price Parities 2024.

How much does it cost to live in Idaho?

At Idaho state-average prices, our modelled monthly budget is $2,421 for a single adult, $3,997 for a couple and $5,035 for a family of four, before taxes and child care. Costs vary widely within the state: metro areas average 96.7 and nonmetro areas 91.9.

What is the median rent and home value in Idaho?

The median gross rent in Idaho is $1,238 a month and the median home value is $418,600 (Census ACS 2020-2024). The typical renter spends 28.7% of income on rent.

Sources

Budgets are modelled estimates, not observed spending. Not financial advice. Methodology