Cost of Living in Rexburg, ID

Population 39,589 · Idaho · Data vintage 2023

105
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Rexburg's demographic profile reads like a college town: median age of 21, and 30% of adults hold a bachelor's degree — a share well above the national baseline. Housing and rent cycles track the academic calendar more than the broader Idaho economy. Around 35% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Rexburg lies roughly 210 miles southwest of the nearest major metro, Billings — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 23% higher than Billings' $312,000.

Cost Overview

Housing 126
Rent 73

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Rexburg

The median home value in Rexburg is $384,000 — 26% above the national median of $305,000. Median rent runs $959/month, 27% lower than the national median of $1,314/month. The median household income of $50,359/year is 32% lower than the US median of $74,580. The local unemployment rate is 8.7%, above the national average of 4.8%. Idaho's top state income tax rate is 5.8% and the combined sales tax is 6.0%. The climate averages highs of 55.9°F and lows of 32.0°F. Overall, Rexburg has a cost of living index of 105 versus the US average of 100, meaning it is 5% more expensive.

🏠 Housing

Median Home Value
$384,000
26% above avg
Zillow Home Value
$413,195
Zillow ZHVI
Median Rent
$959/mo
27% below avg
Zillow Rent
$1,234/mo
Zillow ZORI
Price-to-Rent Ratio
33.4x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$752
1 BR
$822
2 BR
$982
3 BR
$1,367
4 BR
$1,643
Owner-occupied 23.5%
Renter-occupied 76.5%

💰 Estimated Monthly Budget

Rent median rent
$959
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,573/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
17.0 min
37% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.3%

Commute Mode

Drove alone
55.3%
Carpooled
15.9%
Public transit
0.3%
Walked
14.9%
Bicycle
1.0%
Work from home
12.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$50,359
32% below avg
Per Capita Income
$21,283
Unemployment Rate
8.7%
81% above avg
Poverty Rate
35.5%
Labor Force Participation
68.5%

🎓 Education

Bachelor's degree+ 29.6%
Graduate degree 11.3%

👥 Demographics

Median Age 21
Male median age 22.1
Female median age 20

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
55.9°F
Avg Low
32.0°F
Annual Precip
12"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 283245566674858473574129
Low °F 131625324046525042322314
Precip" 1.050.690.891.521.711.430.380.750.781.030.750.99

🏫 Schools

NCES CCD 2019 — public school district data

90%
4-Year Graduation Rate
21:1
Student-teacher ratio
10
Public schools
5,406
Total enrollment

Frequently Asked Questions

What is the cost of living in Rexburg, ID?

Rexburg has a cost index of 105 (100 = national average). It is 5% above the national average.

What is average rent in Rexburg, ID?

The median gross rent in Rexburg is $959 per month based on 2023 Census data.

What is the average home price in Rexburg?

The median home value in Rexburg is $384,000 according to Zillow and Census data.

What is the median income in Rexburg?

The median household income in Rexburg is $50,359 per year (2023 ACS 5-year estimates).

What is the sales tax in Rexburg, ID?

The combined state and local sales tax rate in Rexburg is 6.0%. The Idaho state income tax top rate is 5.8%.

Is Rexburg, ID affordable?

Rexburg is near the national average in terms of cost of living, with an index of 105 (100 = US average).

What is the weather like in Rexburg?

Rexburg has average high temperatures of 55.9°F and average lows of 32.0°F. Annual precipitation is 12". Data from NOAA 1991–2020 Climate Normals.

Rexburg at a Glance

Population
39,589
Median Income
$50,359
Home Value
$384,000
Median Rent
$959/mo
Unemployment
8.7%
Avg High Temp
55.9°F
Sales Tax
6.0%
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🗺️ County data for Idaho

Explore county-level cost of living data

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