Cheapest Places to Live in Idaho

Idaho, known for its stunning natural landscapes and outdoor recreational opportunities, offers a high quality of life at a relatively low cost. The state features landmarks such as Craters of the Moon National Monument, Shoshone Falls, and the Sawtooth National Recreation Area. The state's economy is diverse, with significant contributions from agriculture, technology, and manufacturing. Idaho's tax structure includes moderate income and property taxes, which contribute to its overall affordability. Despite recent inflation and rising food costs, Idaho remains one of the more affordable states in the western region, especially in its smaller towns and rural areas. The combination of a diverse economy and manageable living costs makes Idaho an attractive place for those seeking affordability and quality of life.

Affordable living in Idaho can often be found in smaller towns and suburban areas where housing costs and everyday expenses are lower. These regions provide a more manageable cost of living, which is essential for maintaining financial stability. Affordability is a crucial factor in livability, as it allows residents to enjoy a comfortable standard of living without undue financial strain. Factors contributing to the cheapest places to live in Idaho include lower housing demand in less populated areas, supportive local economic policies, and efficient public services. Utilizing C2ER's cost of living data helps to identify these affordable regions, ensuring that potential residents can make informed decisions. In a state known for its natural beauty and outdoor activities, finding affordable living options enhances the overall living experience.

Rupert Population: 5,820 8% cheaper than Idaho average

Med. Home Value: $123,300 Med. Rent: $797 Med. Household Inc.: $41,618

With a cost of living index that is 8% cheaper than the state average, Rupert is the cheapest place to live in Idaho. This area offers residents a remarkable blend of relatively low housing costs, budget-friendly grocery prices, affordable utilities, and economical health care services, making it an attractive destination for those seeking to stretch their dollars further. Whether you're a young professional, a growing family, or someone looking to enjoy a more relaxed pace of life, Rupert provides an inviting and cost-effective environment to call home.

Burley Population: 10,476 7% cheaper than Idaho average

Med. Home Value: $135,900 Med. Rent: $722 Med. Household Inc.: $48,065

The second most affordable city in Idaho is Burley and stands out for its cost-effective lifestyle. With an overall cost of living that is 7% cheaper than the Idaho average, overall goods and services, housing, utilities, transportation and health care costs fall within a reasonable range. Median household income levels are steady and come in at , which helps to increase the purchasing power of the local residents.

Pocatello Population: 56,016 6% cheaper than Idaho average

Med. Home Value: $154,000 Med. Rent: $661 Med. Household Inc.: $46,882

Pocatello lands in the #3 spot for the cheapest cities to live in Idaho, with a cost of living that is 6% cheaper than the state average. With home prices averaging and rental rates coming in around , it helps that household income levels average about , which assists with paying the mortgage or your monthly rent. Its robust public school system and accessible health care further enhance its appeal, making it a great place to settle down. The strong community spirit and ample recreational opportunities add to its charm.

Blackfoot Population: 11,936 6% cheaper than Idaho average

Med. Home Value: $152,200 Med. Rent: $683 Med. Household Inc.: $52,360

The cost of everyday grocery items, goods & services and of course housing, can have a significant impact on the overall cost of living in any area. Blackfoot offers a picturesque and affordable living environment, with a cost of living that is 6% cheaper than the state average. Everyday items like ground beef , eggs , coffee and pizza are all fairly reasonable compared to most other cities, which helps reduce those grocery bills. Home prices are also fairly affordable (compared to the state average), coming in at around .

Jerome Population: 11,824 5% cheaper than Idaho average

Med. Home Value: $146,800 Med. Rent: $771 Med. Household Inc.: $47,389

For those wanting to live well on a budget, Jerome is ideal, with a cost of living that is 5% cheaper than the state average. Reasonable housing prices (compared to the Idaho average) of and rental prices of are paired with economical goods and services and a range of free or low-cost recreational activities. The city's proactive economic development initiatives also ensure a steady stream of job opportunities, making it a smart choice for those prioritizing financial ease.

Weiser Population: 5,358 3% cheaper than Idaho average

Med. Home Value: $122,100 Med. Rent: $683 Med. Household Inc.: $37,552

Weiser comes in at #6 on our list of the cheapest cities in Idaho and is a haven for those seeking affordability without sacrificing convenience. The city is known for its discount shopping centers and budget-friendly dining options and has a cost of living that is 3% cheaper than Idaho. The city's local markets provide fresh produce and other groceries at reduced prices, while parks and community centers offer free entertainment and leisure. This city is perfect for enjoying a high quality of life at a low cost.

Payette Population: 7,655 2% cheaper than Idaho average

Med. Home Value: $134,300 Med. Rent: $662 Med. Household Inc.: $47,272

With its cost-effective lifestyle, Payette is an attractive destination for those looking to live affordably. The city boasts suitable housing costs, affordable healthcare, and a variety of budget-friendly dining options. The community is welcoming and vibrant, providing residents with a rich social life at a fraction of the cost. Median income levels come in at , which provides financial stability, purchasing power and increases the quality of life in the city.

Idaho Falls Population: 62,417 1% cheaper than Idaho average

Med. Home Value: $179,600 Med. Rent: $787 Med. Household Inc.: $56,590

A lower cost of living allows individuals to manage their expenses more effectively, reducing the risk of financial stress and debt. When essential costs such as housing, food, transportation, and healthcare are more affordable, people can achieve greater financial stability and resilience. Idaho Falls fits that mold and has a cost of living that is 1% cheaper than Idaho.

Twin Falls Population: 49,819 1% cheaper than Idaho average

Med. Home Value: $175,900 Med. Rent: $841 Med. Household Inc.: $50,839

Lower living costs can lead to a higher quality of life by making it easier for people to afford comfortable housing, nutritious food, and access to healthcare. It can also provide opportunities for better education, recreational activities, and community engagement, contributing to overall well-being. Twin Falls is one of the most affordable cities in Idaho, and has a cost of living that is 1% cheaper than the state average.

Emmett Population: 6,942 equal to Idaho average

Med. Home Value: $153,700 Med. Rent: $665 Med. Household Inc.: $39,719

With a cost of living that is equal to Idaho, Emmett comes in at #10 on our list of the cheapest places to live in Idaho. Financial stress is a significant factor affecting mental and physical health. By lowering the cost of living, individuals can experience reduced anxiety related to meeting monthly expenses, thereby improving overall health and well-being. The ability to afford basic necessities without constant worry contributes to a more balanced and fulfilling life.

Full list of the cheapest places in Idaho

Rank	Location	Population	COL Index	Med. Home Value	Med. Household Inc.
1	Rupert	5,820	88	$123,300	$41,618
2	Burley	10,476	89	$135,900	$48,065
3	Pocatello	56,016	91	$154,000	$46,882
4	Blackfoot	11,936	91	$152,200	$52,360
5	Jerome	11,824	91	$146,800	$47,389
6	Weiser	5,358	93	$122,100	$37,552
7	Payette	7,655	94	$134,300	$47,272
8	Idaho Falls	62,417	95	$179,600	$56,590
9	Twin Falls	49,819	95	$175,900	$50,839
10	Emmett	6,942	96	$153,700	$39,719
11	Fruitland	5,390	97	$146,100	$46,974
12	Chubbuck	15,301	97	$189,600	$61,442
13	Mountain Home	14,308	98	$153,800	$44,039
14	Preston	5,477	98	$188,200	$53,094
15	Ammon	16,403	100	$220,400	$55,065
16	Caldwell	56,734	102	$188,300	$55,069
17	Nampa	96,825	103	$191,800	$53,205
18	Lewiston	32,853	103	$204,600	$54,912
19	Middleton	8,005	105	$224,100	$56,225
20	Moscow	25,652	108	$240,500	$42,262
21	Garden City	11,873	108	$240,200	$50,185
22	Rexburg	29,064	108	$221,700	$33,278
23	Rathdrum	8,672	110	$233,800	$64,167
24	Kuna	20,985	111	$226,200	$69,940
25	Post Falls	34,971	111	$246,400	$62,033
26	Boise	228,057	114	$282,900	$130,772
27	Boise	228,057	114	$282,900	$79,764
28	Boise	228,057	114	$282,900	$42,901
29	Boise	228,057	114	$282,900	$64,291
30	Boise	228,057	114	$282,900	$52,376
31	Boise	228,057	114	$282,900	$81,447
32	Boise	228,057	114	$282,900	$64,756
33	Boise	228,057	114	$282,900	$78,918
34	Boise	228,057	114	$282,900	$91,322
35	Boise	228,057	114	$282,900	$76,691
36	Boise	228,057	114	$282,900	$64,211
37	Boise	228,057	114	$282,900	$70,652
38	Boise	228,057	114	$282,900	$66,518
39	Boise	228,057	114	$282,900	$69,318
40	Boise	228,057	114	$282,900	$45,215
41	Boise	228,057	114	$282,900	$53,035
42	Boise	228,057	114	$282,900	$63,778
43	Boise	228,057	114	$282,900	$71,939
44	Boise	228,057	114	$282,900	$111,169
45	Boise	228,057	114	$282,900	$119,306
46	Boise	228,057	114	$282,900	$66,736
47	Boise	228,057	114	$282,900	$52,676
48	Boise	228,057	114	$282,900	$93,919
49	Boise	228,057	114	$282,900	$69,108
50	Boise	228,057	114	$282,900	$69,910

Methodology

To formulate the list of the cheapest places to live in Idaho, AreaVibes utilized comprehensive data from the Council for Community and Economic Research (C2ER) cost of living index. The report is released annually and offers a detailed comparison of living expenses across various urban areas. The data is meticulously gathered by over 300 independent researchers, ensuring a high level of accuracy and reliability. The C2ER index encompasses more than 60 goods and services, categorized into six essential areas that significantly impact the cost of living. These categories and their respective weightings in the index are as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%), and utilities (10%).

Map of Cost of Living by State

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The map above is a great way to help you discover the most affordable states across the U.S. By highlighting states with the lowest cost of living, this map provides an in-depth look at where you can get the most value for your money. By visually representing this data, the map allows users to easily compare different regions and make informed decisions about potential relocations or investments. Additionally, it provides valuable insights into the economic conditions and lifestyle factors that influence these cost of living statistics. Whether you're planning a move, considering a new job, or simply curious about the economic landscape, this map is a useful resource for understanding and navigating the financial implications of living in different states.