Cost of Living in Twin Falls, ID
Cost of Living in Twin Falls, ID | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 5% lower | 16% lower |
Utilities (Monthly) | 1% lower | 18% lower |
Food | 1% higher | 4% lower |
Healthcare | 10% lower | 14% lower |
Transportation | 4% lower | 11% higher |
Goods & Services | 3% lower | 7% lower |
The cost of living in Twin Falls, ID is 3% lower than the state average and 9% lower than the national average. Twin Falls, ID housing is 16% cheaper than the U.S average, while utilities are about 18% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 7% less in Twin Falls, ID than in the rest of the country, while clothing costs around 7% less .
Healthcare services such as doctor check-ups and dentistry cost 14% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 7% cheaper in Twin Falls, ID.
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Twin Falls is $229, while home prices circle around $396,433.
Utilities (Monthly)
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Twin Falls, energy bills cost around $128.87 per month.
Food
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.79 in Twin Falls, a dozen eggs go for around $2.18 and a pound of potatoes circles around $3.09.
Healthcare
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Twin Falls, an optometry check-up costs around $120.80, while a dentist appointment is priced $93.44 on average.
Transportation
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $4.51 in Twin Falls, while getting your tires balanced will run you about $56.50.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $28.97 here. Meanwhile, a pair of women's slacks will set you back around $25.71.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Twin Falls, you should budget around $11.48 a month. When it comes to personal services, a haircut usually goes for $28.81, while dry cleaning costs about $13.00.
Income
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Twin Falls, the median household income is $53,936.