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.

Burley Population: 10,837 8% cheaper than Idaho average
Med. Home Value: $238,925 Med. Rent: $1,071 Med. Household Inc.: $70,859
With a cost of living index that is 8% cheaper than the state average, Burley 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, Burley provides an inviting and cost-effective environment to call home.
Rupert Population: 6,049 7% cheaper than Idaho average
Med. Home Value: $227,280 Med. Rent: $1,224 Med. Household Inc.: $62,112
The second most affordable city in Idaho is Rupert 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: 57,833 6% cheaper than Idaho average
Med. Home Value: $269,921 Med. Rent: $993 Med. Household Inc.: $69,315
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: 12,225 5% cheaper than Idaho average
Med. Home Value: $277,543 Med. Rent: $1,052 Med. Household Inc.: $76,504
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 5% 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: 12,101 5% cheaper than Idaho average
Med. Home Value: $270,791 Med. Rent: $1,167 Med. Household Inc.: $70,561
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: 5,541 5% cheaper than Idaho average
Med. Home Value: $215,146 Med. Rent: $1,016 Med. Household Inc.: $56,485
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 5% 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: 7,854 3% cheaper than Idaho average
Med. Home Value: $243,594 Med. Rent: $993 Med. Household Inc.: $71,215
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.
Twin Falls Population: 51,144 2% cheaper than Idaho average
Med. Home Value: $310,363 Med. Rent: $1,263 Med. Household Inc.: $76,040
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. Twin Falls fits that mold and has a cost of living that is 2% cheaper than Idaho.
Idaho Falls Population: 64,374 1% cheaper than Idaho average
Med. Home Value: $319,477 Med. Rent: $1,211 Med. Household Inc.: $83,132
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. Idaho 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: 7,108 1% cheaper than Idaho average
Med. Home Value: $273,846 Med. Rent: $1,011 Med. Household Inc.: $59,841
With a cost of living that is 1% cheaper than 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 Burley 10,837 88 $238,925 $70,859
2 Rupert 6,049 89 $227,280 $62,112
3 Pocatello 57,833 90 $269,921 $69,315
4 Blackfoot 12,225 91 $277,543 $76,504
5 Jerome 12,101 91 $270,791 $70,561
6 Weiser 5,541 91 $215,146 $56,485
7 Payette 7,854 93 $243,594 $71,215
8 Twin Falls 51,144 94 $310,363 $76,040
9 Idaho Falls 64,374 95 $319,477 $83,132
10 Emmett 7,108 95 $273,846 $59,841
11 Fruitland 5,518 95 $260,516 $70,452
12 Chubbuck 15,783 97 $338,633 $91,725
13 Preston 5,587 97 $347,174 $79,014
14 Mountain Home 14,826 97 $282,276 $66,369
15 Ammon 16,800 100 $386,199 $82,752
16 Caldwell 58,211 101 $333,642 $80,919
17 Nampa 100,694 102 $340,945 $78,129
18 Lewiston 33,803 104 $375,214 $80,306
19 Middleton 8,196 104 $406,880 $83,904
20 Moscow 26,621 107 $430,762 $62,006
21 Garden City 12,216 107 $434,798 $75,437
22 Rathdrum 8,985 110 $413,151 $96,390
23 Kuna 21,530 110 $405,548 $102,507
24 Post Falls 36,171 111 $448,310 $93,946
25 Sandpoint 9,030 114 $505,022 $69,796
26 Coeur d'Alene 53,047 114 $488,147 $81,730
27 Boise 234,372 114 $520,697 $93,280
28 Star 10,093 115 $552,470 $105,467
29 Hayden 15,469 115 $504,033 $85,828
30 Rexburg 29,874 116 $401,229 $48,672
31 Meridian 110,487 117 $541,928 $113,593
32 Hailey 8,788 119 $705,271 $80,556
33 Eagle 29,040 136 $822,084 $138,632

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.