CostIndexUSA

Idaho Falls, ID vs Missoula, MT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableID
Idaho Falls
94.4
overall index
$1,400/mo rent
MT
Missoula
96.4
overall index
$1,550/mo rent

Idaho Falls is slightly cheaper than Missoula — 2.1% lower overall cost of living.

To match an $80,000 salary in Idaho Falls, you would need $81,700 in Missoula. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+13.0%
Idaho Falls
84
Missoula
94.9
🛒 Groceries≈ Equal
Idaho Falls
96.2
Missoula
96
🚗 Transportation≈ Equal
Idaho Falls
103.9
Missoula
103.7
🏥 Healthcare≈ Equal
Idaho Falls
94
Missoula
93.8
Utilities+3.4%
Idaho Falls
69.7
Missoula
72.1

Salary Equivalency Calculator

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

$
Equivalent salary in Missoula, MT
$81,700
$1,700 more needed in Missoula

Formula: salary × (96.4 ÷ 94.4) = salary × 1.0212. 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×

Missoula, MT

Median Home Price
$552,000
Median Monthly Rent
$1,550
Housing Index
94.9
Price-to-Rent Ratio
29.7×

Missoula has 13.0% 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

Missoula, MT

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
2.5%
Population
73,489
Top Industries
EducationHealthcareTourismGovernmentRetail

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)

Missoula, MT
3.9×income-to-rent ratio

75% 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.