| Index | Twin Falls | Idaho | National |
| Cost of living | 99 | 98 | 100 |
| Groceries | 102 | 102 | 100 |
| Health care | 99 | 101 | 100 |
| Housing | 93 | 90 | 100 |
| Transportation | 104 | 103 | 100 |
| Utilities | 100 | 101 | 100 |
| Lifestyle & Entertainment | 104 | 105 | 100 |
| Household Items | 100 | 101 | 100 |
| Education & Childcare | 98 | 101 | 100 |
Getting a feel for the cost of living in Twin Falls is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Twin Falls is 99, which is 1% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
Everyday expenditures like food, housing, lifestyle expenses, transportation and health care in Twin Falls are priced in a manner consistent with other areas. This means that residents of Twin Falls can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.
The real experts on a city are its residents. That's why we reached out to 24 locals to get their views on the cost of living in Twin Falls. We surveyed the residents and asked them if they felt like prices were affordable or out of reach. The results were as follows. 38% found it budget-friendly with decreasing prices, while 63% said it's simply not affordable as prices have continued to rise.
Is Twin Falls an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Twin Falls is 5% lower than the national average, while the average monthly rent prices are 12.5% lower than average. The affordability of any location can also be influenced by median income levels. Twin Falls has a median household income of $76,040, which is 6.5% lower than the national average.
Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.
Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In Twin Falls, the groceries index is 2.2% higher than the national average.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Twin Falls, the transportation index is 4.3% higher than the national average.
The cost of living data for Twin Falls shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $88,265 | $7,355 | $2,059 | $2,648 |
| Renters | $53,171 | $4,431 | $1,241 | $1,595 |
| State | General Sales Tax | With Max Surtax |
| Idaho | 6% | 8.5% |
| State | Income Tax (Low) | Income Tax (High) |
| Idaho | 5.8% | 5.8% |
| City | Population | Cost of Living Index | National Avg. |
| Eden, ID | 382 | 87 | 12.8% |
| Hollister, ID | 317 | 89 | 11.0% |
| Wendell, ID | 2,832 | 91 | 9.5% |
| Buhl, ID | 4,608 | 91 | 9.1% |
| Hansen, ID | 1,366 | 91 | 9.0% |
| Twin Falls, ID | 51,144 | 99 | 1.2% |
| City | Population | Cost of Living Index | National Avg. |
| Dunwoody, GA | 51,076 | 135 | 34.9% |
| Mishawaka, IN | 51,230 | 87 | 12.5% |
| North Bethesda, MD | 51,238 | 162 | 62.1% |
| Lakewood, OH | 51,262 | 94 | 6.2% |
| Plainfield, NJ | 51,295 | 122 | 21.5% |
| Twin Falls, ID | 51,144 | 99 | 1.2% |
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