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Cost of living in Boise: rent, home prices and salary needed

The cost of living in Boise sits 1.6% under the US average: the 2024 regional price parity (RPP) from BEA is 98.4 for the metro area of Boise City, ID, where the US stands at 100, and housing alone is 105.6.

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Level of prices
98.4
US = 100, BEA 2024
Price level for housing
105.6. Rents, US = 100.
Typical rent figure
$1,900. Per month, Zillow ZORI.
Value of a typical home
$500,215
September 2026, Zillow ZHVI
Median income for households
$81,102
Census ACS 2024

Cost of living index for Boise

A regional price parity sets the cost of one basket of goods and services in one place against the US average, which is set at 100. Boise belongs to the Boise City, ID metro area, a region BEA prices as a whole. Utilities sit furthest from the US average, at 70.7, or 29.3% below the US.

Price level, US = 100Boise City, ID metroIdahoMetro against the US
All items98.495.5−1.6%
Goods96.296.3−3.8%
Housing (rents)105.690.0+5.6%
Utilities70.770.4−29.3%
Other services99.099.0−1.0%

Source: Bureau of Economic Analysis, 2024 regional price parities for states and metro areas. BEA regional price parities

Boise rent

By the Zillow Observed Rent Index (ZORI), asking rents that are typical for Boise come to $1,900 a month for homes listed now, +8.4% over a year. In the US, it is $1,932. Census median gross rent covers every renting household, not only new leases, and comes to $1,535. Twelve months of the asking rent equals 28% of the median household income.

RentBoiseUnited States
Typical asking rent, Zillow ZORI$1,900$1,932
Asking rent, 12-month change+8.4%
Median gross rent, Census ACS 2024$1,535$1,487
As a share of median income, one year of asking rent28%28%

One-year estimates from the Census Bureau American Community Survey 2024, plus the Zillow Observed Rent Index.

Boise home prices

A typical Boise home was valued at $500,215 in September 2026, based on the Zillow Home Value Index (ZHVI), which measures what a mid-market home is worth. That is up 2.1% compared with a year earlier, while the US figure is $366,157. Home prices equal 6.2 years of median household income, while the US figure is 4.5.

Home pricesBoiseUnited States
Typical home value, September 2026$500,215$366,157
12-month change+2.1%+1.2%
10-year change+127.1%+77.4%
Price to income (years of median income)6.24.5
Price to rent (years of asking rent)21.915.8

Days on market, the forecast, and the price chart since 2000: Boise housing market.

The salary you need to live in Boise

Two questions set the salary in Boise that matches what your current pay buys now: your location and your earnings.

  1. Moving from
  2. Salary

Side by side, every city, plus the method used: city cost of living comparison.

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Boise cost of living compared with other cities

CityLevel of pricesHousingTypical rent figureValue of a typical home
Boise98.4105.6$1,900$500,215
Idaho Falls94.484.0$1,396$394,199
Coeur d'Alene98.3105.6$1,865$606,227
New York City112.6148.6$4,089$825,854
Los Angeles113.6170.4$2,772$927,891
Chicago103.6112.0$2,311$334,108
Houston98.6104.5$1,544$259,465
Phoenix103.3121.2$1,571$404,067
Philadelphia102.6113.1$1,757$231,584

Price levels come from BEA regional price parities (2024), where US = 100. Rent comes from Zillow ZORI. Home values come from Zillow ZHVI, September 2026.

All cities ranked: cost of living by city. Every state: cost of living in each state.