CostIndexUSA

Ann Arbor, MI vs Idaho Falls, ID Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MI
Ann Arbor
100.9
overall index
$2,050/mo rent
More AffordableID
Idaho Falls
94.4
overall index
$1,400/mo rent

Idaho Falls is moderately cheaper than Ann Arbor — 6.4% lower overall cost of living.

To match an $80,000 salary in Ann Arbor, you would need $74,800 in Idaho Falls. Calculate your salary ↓

Category Breakdown

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

🏠 Housing33.0%
Ann Arbor
125.3
Idaho Falls
84
🛒 Groceries+2.7%
Ann Arbor
93.7
Idaho Falls
96.2
🚗 Transportation0.6%
Ann Arbor
104.5
Idaho Falls
103.9
🏥 Healthcare0.6%
Ann Arbor
94.6
Idaho Falls
94
Utilities29.0%
Ann Arbor
98.2
Idaho Falls
69.7

Salary Equivalency Calculator

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

$
Equivalent salary in Idaho Falls, ID
$74,800
$5,200 less needed in Idaho Falls

Formula: salary × (94.4 ÷ 100.9) = salary × 0.9356. Based on BEA Regional Price Parities.

Housing Market

Ann Arbor, MI

Median Home Price
$398,000
Median Monthly Rent
$2,050
Housing Index
125.3
Price-to-Rent Ratio
16.2×

Idaho Falls, ID

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

Ann Arbor has 33.0% lower housing costs compared to Idaho Falls.

Income & Job Market

Ann Arbor, MI

Median Household Income
$83,800
Per Capita Income
$47,800
Unemployment Rate
3.3%
Population
123,851
Top Industries
EducationTechnologyHealthcareManufacturingResearch

Idaho Falls, ID

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

Affordability at a Glance

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

Ann Arbor, MI
3.4×income-to-rent ratio

71% of income left after rent (median)

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

78% 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.