CostIndexUSA

Idaho Falls, ID vs Midland, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableID
Idaho Falls
94.4
overall index
$1,400/mo rent
TX
Midland
95.8
overall index
$1,575/mo rent

Idaho Falls is slightly cheaper than Midland — 1.5% lower overall cost of living.

To match an $80,000 salary in Idaho Falls, you would need $81,200 in Midland. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+20.8%
Idaho Falls
84
Midland
101.5
🛒 Groceries2.5%
Idaho Falls
96.2
Midland
93.8
🚗 Transportation2.7%
Idaho Falls
103.9
Midland
101.1
🏥 Healthcare2.8%
Idaho Falls
94
Midland
91.4
Utilities+19.4%
Idaho Falls
69.7
Midland
83.2

Salary Equivalency Calculator

Enter your current salary in Idaho Falls to see what you'd need to earn in Midland to maintain the same purchasing power.

$
Equivalent salary in Midland, TX
$81,200
$1,200 more needed in Midland

Formula: salary × (95.8 ÷ 94.4) = salary × 1.0148. Based on BEA Regional Price Parities.

Housing Market

Idaho Falls, ID

Median Home Price
$399,000
Median Monthly Rent
$1,400
Housing Index
84
Price-to-Rent Ratio
23.8×

Midland, TX

Median Home Price
$320,000
Median Monthly Rent
$1,575
Housing Index
101.5
Price-to-Rent Ratio
16.9×

Midland has 20.8% higher housing costs compared to Idaho Falls.

Income & Job Market

Idaho Falls, ID

Median Household Income
$75,800
Per Capita Income
$43,200
Unemployment Rate
2.1%
Population
64,818
Top Industries
EnergyHealthcareAgricultureRetailGovernment

Midland, TX

Median Household Income
$92,900
Per Capita Income
$53,000
Unemployment Rate
2.2%
Population
132,950
Top Industries
EnergyOil & GasHealthcareManufacturingFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Idaho Falls, ID
4.5×income-to-rent ratio

78% of income left after rent (median)

Midland, TX
4.9×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.