CostIndexUSA

Bozeman, MT vs Idaho Falls, ID Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MT
Bozeman
102.5
overall index
$2,100/mo rent
More AffordableID
Idaho Falls
94.4
overall index
$1,400/mo rent

Idaho Falls is moderately cheaper than Bozeman — 7.9% lower overall cost of living.

To match an $80,000 salary in Bozeman, you would need $73,700 in Idaho Falls. Calculate your salary ↓

Category Breakdown

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

🏠 Housing39.7%
Bozeman
139.2
Idaho Falls
84
🛒 Groceries≈ Equal
Bozeman
96
Idaho Falls
96.2
🚗 Transportation≈ Equal
Bozeman
103.7
Idaho Falls
103.9
🏥 Healthcare≈ Equal
Bozeman
93.8
Idaho Falls
94
Utilities5.3%
Bozeman
73.6
Idaho Falls
69.7

Salary Equivalency Calculator

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

$
Equivalent salary in Idaho Falls, ID
$73,700
$6,300 less needed in Idaho Falls

Formula: salary × (94.4 ÷ 102.5) = salary × 0.9210. Based on BEA Regional Price Parities.

Housing Market

Bozeman, MT

Median Home Price
$678,000
Median Monthly Rent
$2,100
Housing Index
139.2
Price-to-Rent Ratio
26.9×

Idaho Falls, ID

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

Bozeman has 39.7% lower housing costs compared to Idaho Falls.

Income & Job Market

Bozeman, MT

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
2.4%
Population
53,293
Top Industries
EducationTechnologyTourismHealthcareAgriculture

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).

Bozeman, MT
3.6×income-to-rent ratio

72% 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.