Cost of Living in Twin Falls, ID

Population 53,219 · Idaho · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Twin Falls's cost indicators track within a reasonable band of national figures, with median household incomes near $60,760 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Geographically, Twin Falls lies roughly 115 miles southeast of the nearest major metro, Boise City. Median home values run roughly 39% lower than Boise City's $456,000.

Cost Overview

Housing 92
Rent 77

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

About the Cost of Living in Twin Falls

The median home value in Twin Falls is $279,400 — 8% below the national median of $305,000. Median rent runs $1,011/month, 23% lower than the national median of $1,314/month. The median household income of $60,760/year is 19% lower than the US median of $74,580. The local unemployment rate is 3.1%, below the national average of 4.8%. Idaho's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Twin Falls has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$279,400
8% below avg
Zillow Home Value
$363,194
Zillow ZHVI
Median Rent
$1,011/mo
23% below avg
Zillow Rent
$1,625/mo
Zillow ZORI
Price-to-Rent Ratio
23.0x
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 63.3%
Renter-occupied 36.7%

💰 Estimated Monthly Budget

Rent median rent
$1,011
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,625/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
17.4 min
36% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.2%

Commute Mode

Drove alone
78.8%
Carpooled
10.0%
Public transit
0.0%
Walked
1.5%
Bicycle
0.2%
Work from home
8.2%

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
$60,760
19% below avg
Per Capita Income
$31,526
Unemployment Rate
3.1%
36% below avg
Poverty Rate
10.8%
Labor Force Participation
64.3%

🎓 Education

Bachelor's degree+ 14.7%
Graduate degree 8.0%

👥 Demographics

Median Age 34.1
Male median age 34
Female median age 34.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 25 — Good
95.3%
Good air days/yr
80
Max AQI recorded
344
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

80%
4-Year Graduation Rate
19:1
Student-teacher ratio
17
Public schools
9,654
Total enrollment

Frequently Asked Questions

What is the cost of living in Twin Falls, ID?

Twin Falls has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Twin Falls, ID?

The median gross rent in Twin Falls is $1,011 per month based on 2023 Census data.

What is the average home price in Twin Falls?

The median home value in Twin Falls is $279,400 according to Zillow and Census data.

What is the median income in Twin Falls?

The median household income in Twin Falls is $60,760 per year (2023 ACS 5-year estimates).

What is the sales tax in Twin Falls, ID?

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

Is Twin Falls, ID affordable?

Yes, Twin Falls is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

Twin Falls at a Glance

Population
53,219
Median Income
$60,760
Home Value
$279,400
Median Rent
$1,011/mo
Unemployment
3.1%
Sales Tax
6.0%
View all cities in Idaho →
🗺️ County data for Idaho

Explore county-level cost of living data

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