Cost of Living in Idaho Falls, ID
Population: 66,672 • 2026 Data
$69,630
Median Household Income
-10% vs national
$992
Median Monthly Rent
-26% vs national
$298,600
Median Home Value
-12% vs national
4.0%
Unemployment Rate
Housing in Idaho Falls
The median home value in Idaho Falls, ID is $298,600. Monthly rent for a typical unit averages $992, while total monthly housing costs (including utilities and insurance) average $1,057.
Rent-to-income ratio: 17.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Idaho Falls, ID is $69,630. The unemployment rate stands at 4.0%, with a labor force of 32,613 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.