Here's what it costs to live in Idaho Falls, Idaho, based on the latest US government data. Renters pay a median of $1,075 per month, while the typical home is valued around $335,500. Households earn a median of $73,110 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$73,110
Median Income / yr
Census ACS
$1,075
Median Rent / mo
Census ACS
$335,500
Median Home Value
Census ACS
N/A
Cost of Living Index
Studio FMR
$1,034
HUD · FY2024
1BR Fair Market Rent
$1,095
HUD · FY2024
2BR Fair Market Rent
$1,305
HUD · FY2024
3BR Fair Market Rent
$1,815
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
67,725
Latest estimate
Median Age
33.7 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
4
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$989
Per month
Avg Home Value
$287,425
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 83401 | — | $1,004 | $273,400 |
| ZIP 83402 | — | $871 | $261,900 |
| ZIP 83404 | — | $961 | $318,200 |
| ZIP 83406 | — | $1,120 | $296,200 |
January Avg
20°F
July Avg
69°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.0
poor
Hospitals
3
Doctors per 1,000
1.00
Insurance Coverage
91.3%
The cost of living index for Idaho Falls is not yet available.
The median gross rent in Idaho Falls is $1,075 per month according to US Census ACS data.
The median household income in Idaho Falls is $73,110 per year.
The median home value in Idaho Falls is $335,500 based on the latest Census ACS survey.
Air quality data for Idaho Falls is not yet available.
Tax data for Idaho is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology