Living in Idaho: Income, Housing, Taxes & Cost of Living (2026)

Table of Contents

Idaho at a Glance

Metric Value National Rank
Population (2024) 2.0 million 39th
Median household income $69,208 33rd
Median home price $420,000 Above average
Cost of living index 102 Average
State income tax 5.695% flat Average
Sales tax 6% Below average
Property tax (effective rate) 0.63% Below average

Income and Housing

City/Metro Area Median Income Median Home Price Median Rent (2BR) Affordability
Boise $75,200 $460,000 $1,600 Fair
Meridian $85,400 $490,000 $1,700 Fair
Nampa/Caldwell $62,400 $380,000 $1,350 Good
Idaho Falls $65,800 $320,000 $1,150 Good
Twin Falls $58,200 $285,000 $1,050 Good
Pocatello $55,400 $270,000 $1,000 Good
Coeur d’Alene $62,200 $520,000 $1,500 Poor
Moscow $48,200 $350,000 $1,100 Fair

Idaho Pros and Cons

Financial Pros Financial Cons
Low property taxes (0.63%) Boise housing has surged (doubled since 2019)
No tax on Social Security Below-average wages (33rd in median income)
Growing economy (fastest pop. growth) Limited high-paying job markets
Low crime rates Resort areas very expensive (Sun Valley, CdA)
Outdoor lifestyle Flat tax rate (5.695%) is mid-range

Related: Cost of Living by State | State Income Tax Rates | Property Tax by State