States › Idaho › Idaho Falls

Is Idaho Falls, ID expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,30925% lower than U.S. average
💵 Families earn per year (2026)$78,849about $6,571/month · 9% lower than U.S. average
🔑 House price$335,5001% higher than U.S. average

Idaho Falls is the 4th-largest city in Idaho that we track, with 67,725 residents. Rent is lower than in 68% of U.S. cities. A typical house costs about 4.3 years of household income. Commutes are short, about 18.9 minutes.

How much money do I need?

To rent here comfortably, you should earn about $52,360 a year. That is $25 an hour at a full-time job.

Is rent cheaper than other Idaho cities?

Yes. Rent here is cheaper than in most of Idaho. It is number 16 of 36 cities from cheapest to most expensive.

Idaho Falls
$1,309
$1,700
$1,198
$1,565

How much do households earn in Idaho Falls?

Under $25k
14.3%
$25k–50k
20.7%
$50k–100k
37.9%
$100k–150k
15.0%
$150k+
8.3%

Share of households by yearly income. 23.2% of households earn $100,000 or more.

Rent by apartment size in Idaho Falls

SizeIdaho FallsU.S. average
Studio$833$1,338
1 bedroom$914$1,324
2 bedrooms$1,086$1,509
3 bedrooms$1,518$1,698
4 bedrooms$1,578$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Idaho Falls overall?

Everyday prices in the Idaho Falls metro area are 6% below the U.S. average (index 94.4, U.S. = 100).

Housing
84
Goods (food, clothes…)
96
Utilities
70
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Idaho Falls

🏛️ Property tax$1,956a year · 0.58% of home value · U.S. $3,119
⚡ Electric bill$143a month (typical) · U.S. $156

Life in Idaho Falls

Commute to work18.9 minU.S.: 26.4 min
College degree31.7%U.S.: 35.7%
Own their home64.2%U.S.: 65.2%
Below poverty line11.5%U.S.: 12.5%
Unemployment4.2%U.S.: 5.2%

What jobs pay in Idaho Falls

JobMedian payRent / pay
Pharmacist$136,93011.5%
Physician Assistant$129,80012.1%
Nurse Practitioner$128,26012.2%
Software Developer$123,45012.7%
Civil Engineer$97,71016.1%
Dental Hygienist$95,70016.4%
Lawyer$95,30016.5%
Registered Nurse$84,11018.7%
Computer Systems Analyst$80,76019.5%
Operations Manager$80,38019.5%
Accountant$74,41021.1%
Electrician$65,35024.0%
Police Officer$61,88025.4%
Elementary School Teacher$61,08025.7%
Firefighter$60,93025.8%
Licensed Practical Nurse$60,27026.1%
Truck Driver$59,01026.6%
Market Research Analyst$55,55028.3%
Carpenter$52,14030.1%
Plumber$51,42030.5%
HVAC Technician$49,19031.9%
Customer Service Representative$40,06039.2%
Medical Assistant$38,37040.9%
Nursing Assistant$37,72041.6%
Warehouse Worker$36,49043.0%
Restaurant Cook$35,83043.8%
Retail Salesperson$32,32048.6%
Server (Waiter/Waitress)$30,74051.1%
Cashier$29,72052.9%

Is it cheaper to rent or buy in Idaho Falls?

Renting is cheaper right now: about $1,019 a month less.

Renting
$1,309
Owning
$2,328

Owning assumes a typical $335,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,550 for the down payment.

Frequently asked questions

What is the average rent in Idaho Falls, ID?

Renting in Idaho Falls costs a median of about $1,309 a month in 2026, including utilities. The Idaho median is $1,565.

How much do I need to make to live in Idaho Falls?

To keep rent under 30% of income, you need about $52,360 a year, or $25 an hour at a full-time job.

Is Idaho Falls cheap or expensive?

Idaho Falls is rated Cheap: rent takes 19.9% of the typical household income of $78,849. It ranks 16th cheapest of 36 Idaho cities we track.

How much are property taxes in Idaho Falls?

The median homeowner in Idaho Falls pays $1,956 a year in property taxes, about 0.58% of the median home value.

Is Idaho Falls more expensive than the national average?

Overall prices in the metro area are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Idaho Falls?

The median home value in Idaho Falls is $335,500, about 4.3 times the typical yearly household income.

67,725 people live in Idaho Falls. Numbers are typical (middle) values.