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Understand Idaho

Idaho cost of living

95.494

Idaho price level for all items, with the national average at 100, 2024

+3.5% since 2023 (92.236); +3.3% since 2019 (92.437); +1.9% since 2014 (93.691)

Price level relative to the national average (nation = 100.000), by category: all items, goods, or one of three services groups.

Change and comparison

From 2008 (94.953) to 2024 (95.494), the change was +0.6%.

The latest figure, 2024, is the highest in the series, which begins in 2008.

Among 50 states and the District of Columbia, Idaho ranked 29th highest in 2024. California was highest at 110.72 and Arkansas lowest at 86.937.

Among Idaho and its 6 neighboring states, Idaho ranks 5th highest; Utah is next above at 98.864 and Montana next below at 94.645.

RPPs: Services: Other is the largest category at 99.015; RPPs: Goods is next at 96.311.

Historical data

Idaho cost of living, 2008 to 2024Idaho cost of living, 2008 to 2024. RPPs: All items: 94.953 in 2008, 95.494 in 2024.05010020102020RPPs: AllitemsIndexIdaho cost of living, 2008 to 2024Idaho cost of living, 2008 to 2024. RPPs: All items: 94.953 in 2008, 95.494 in 2024.050100201020152020RPPs: AllitemsIndexIdaho cost of living, 2008 to 2024Idaho cost of living, 2008 to 2024. RPPs: All items: 94.953 in 2008, 95.494 in 2024.050100201020152020RPPs: All itemsIndex

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by State and Real Personal Income by State. Published .

Data table (17 rows)
PeriodRPPs: All items (index)
200894.953
200994.843
201093.2
201194.115
201293.477
201393.681
201493.691
201594.281
201692.998
201794.518
201891.736
201992.437
202091.023
202191.563
202291.802
202392.236
202495.494

Price parity by component

Price level relative to the national average (nation = 100.000), by category: all items, goods, or one of three services groups.

  1. RPPs: Services: Other99.015
  2. RPPs: Goods96.311
  3. RPPs: Services: Housing90.027
  4. RPPs: Services: Utilities70.444

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by State and Real Personal Income by State. Data period 2024. Published .

Data table (4 rows)
Component2024 (index)
RPPs: Services: Other99.015
RPPs: Goods96.311
RPPs: Services: Housing90.027
RPPs: Services: Utilities70.444

Price parity by component over time

Price parity by component over timePrice parity by component over time. 4 series. RPPs: Services: Other: 100.474 in 2008, 99.015 in 2024.05010015020102020RPPs:Services:OtherRPPs: GoodsRPPs:Services:HousingRPPs:Services:UtilitiesIndexPrice parity by component over timePrice parity by component over time. 4 series. RPPs: Services: Other: 100.474 in 2008, 99.015 in 2024.050100150201020152020RPPs:Services:OtherRPPs: GoodsRPPs:Services:HousingRPPs:Services:UtilitiesIndexPrice parity by component over timePrice parity by component over time. 4 series. RPPs: Services: Other: 100.474 in 2008, 99.015 in 2024.050100150201020152020RPPs: Services:OtherRPPs: GoodsRPPs: Services:HousingRPPs: Services:UtilitiesIndex

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by State and Real Personal Income by State. Published .

Compared with other states

  1. California110.72
  2. Hawaii109.951
  3. District of Columbia109.901
  4. Washington107.013
  5. Oregon103.361
  6. United States100
  7. Nevada99.979
  8. Utah98.864
  9. Idaho95.494
  10. Montana94.645
  11. Wyoming92.691
  12. Iowa87.762
  13. Mississippi86.953
  14. Arkansas86.937

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by State and Real Personal Income by State. Data period 2024. Published .

The first 10 of 52 rows; the full table is below.

State2024
1. California110.72
2. Hawaii109.951
3. District of Columbia109.901
4. New Jersey108.805
5. New York107.921
6. Washington107.013
7. Massachusetts105.757
8. Maryland104.959
9. New Hampshire104.165
10. Connecticut103.61
Data table (52 rows)
State2024
1. California110.72
2. Hawaii109.951
3. District of Columbia109.901
4. New Jersey108.805
5. New York107.921
6. Washington107.013
7. Massachusetts105.757
8. Maryland104.959
9. New Hampshire104.165
10. Connecticut103.61
11. Florida103.414
12. Oregon103.361
13. Colorado103.052
14. Alaska102.359
15. Rhode Island102.28
16. Virginia101.104
17. Arizona100.677
18. United States100
19. Nevada99.979
20. Illinois99.958
21. Delaware99.808
22. Utah98.864
23. Minnesota98.621
24. Vermont97.958
25. Pennsylvania97.572
26. Texas97.057
27. Maine97.05
28. Georgia96.293
29. Michigan96.217
30. Idaho95.494
31. Montana94.645
32. North Carolina94.326
33. Wisconsin94.095
34. South Carolina93.749
35. Indiana93.329
36. Ohio92.774
37. Wyoming92.691
38. New Mexico92.212
39. Tennessee91.87
40. Missouri90.817
41. Kentucky90.159
42. Nebraska90.103
43. Kansas90.068
44. West Virginia89.497
45. North Dakota88.959
46. Alabama88.823
47. South Dakota88.586
48. Louisiana88.207
49. Oklahoma87.843
50. Iowa87.762
51. Mississippi86.953
52. Arkansas86.937

Source

Organization
U.S. Bureau of Economic Analysis
Dataset
Regional Price Parities by State and Real Personal Income by State
Geography
Nation and states
Time coverage
2008-2024
Update frequency
Annual
Published
Original file
https://apps.bea.gov/regional/zip/SARPP.zip
Methodology
https://www.bea.gov/resources/methodologies/rpp
License
Public domain. U.S. federal government work.
Our copy
Regional Price Parities by State and Real Personal Income by State, built by scripts/fetch-bea-sarpp.py

Caveats

  • Only the all-items regional price parity is normalized to 100 for the nation; the goods and services sub-lines are not separately renormalized.
  • The Services: Housing line is a rent-based cost index (contract and imputed rents), not a home-price measure.
  • Real per capita personal income differs from bea-sainc's per capita personal income, which is nominal, current-dollar and not price-parity-adjusted.
  • A cell coded (NA) (not available) or (NM) (not meaningful) is omitted, never recorded as zero; District of Columbia is included as a state-type geography.
  • Metro-area price parities exist for five Idaho metro areas but are not included here; county-level price parities are not published at all.

Cite

Cite this page as Understand Idaho, “Idaho cost of living”, https://understandidaho.com/economy/cost-of-living/, retrieved on the date you read it, and the publisher named above for the figures themselves. The dataset behind it is described in the data catalog.

This page was last updated .