Cost of Living in Idaho Falls - 2021

Thinking about moving to the Idaho Falls area? It’s a great place to live, and one of the common questions for people considering moving here is this - what is the cost of living in Idaho Falls like?

I’ve broken down some of the main factors to consider when it comes to the cost of living here below!

Idaho Falls Cost of Living Categories

Houses in Idaho Falls: $320,000

Right now, the median cost for houses in Idaho Falls is about $320,000. (For context, the median home price across the country at this time is around $375,000.)

Rent in Idaho Falls: $725

The average rent in Idaho Falls for a one bedroom apartment is about $725 per month right now. In general, rent varies around here from around $500 per month to around $1,200 per month, depending on the size of the apartment, location, etc.

Cost of Gas: $3.60/gallon

The average price per gallon for gas in the Idaho Falls area is right around $3.60 as of now (October 2021). (Of course, it can vary depending on where you go - I almost always get gas at Costco and it’s been around $3.50 per gallon right now.)

Electric Bill: $90-$120

It looks like the average electric bill in Idaho Falls costs around $90 to $120 dollars. This will obviously vary depending on your electricity use, size of your home, and more, but this is a pretty good idea!

Bread: ~$2.50

To give you an idea of what average groceries cost in Idaho Falls, the average price for a loaf of bread is around $2.50.

Lunch Out: ~$12/person

Apparently the average cost to eat out in the US is about $12 per person, so this is pretty spot on! Idaho Falls has a lot of great restaurants (keep an eye out for that in one of my next posts!), so there’s definitely no shortage of options there!

Overall, the cost of living here in the Idaho Falls area is pretty affordable, especially compared to some other cities around these parts! If you’ve been considering moving here, I hope this helped give you an idea of what average expenses look like here!

Questions? Comments? As always, feel free to send me a message here!

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