Cost of living in Bountiful research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Bountiful is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Utah, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Bountiful is 123, with 100 being the average.
The cost of living index in Bountiful is 1.2x higher than the national average.
Bountiful ranks as the #61 cheapest in Utah out of 92.
Bountiful ranks as the #4,598 cheapest out of 6,489 in the US.
The median home value in Bountiful is $563,553.
The median income in Bountiful is $103,723.
According to the most recent data on the cost of living, Bountiful has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Utah, Bountiful has a cost of living index that's 1.2x higher than Utah's index of 104.
The standard of living in Bountiful ranks as #61 most affordable out of the 92 places we measured in Utah. By definition, that implies Bountiful ranks as the #31 most expensive place in the Beehive State.
For more reading on life in Bountiful, check out:
Six factors go into calculating the cost of living index in Bountiful. Here is how it fairs on each of the criteria:
The Services index in Bountiful is 105.
The Groceries index in Bountiful is 101.
The Health index in Bountiful is 97.
The Housing index in Bountiful is 167.
The Transportation index in Bountiful is 109.
The Utilities index in Bountiful is 95.
| Living Expense | Bountiful | Utah | National Average | |
|---|---|---|---|---|
| Overall | 123 | 104 | 100 | |
| Services | 105 | 101 | 100 | |
| Groceries | 101 | 98 | 100 | |
| Health | 97 | 90 | 100 | |
| Housing | 167 | 115 | 100 | |
| Transportation | 109 | 104 | 100 | |
| Utilities | 95 | 96 | 100 | |
Housing swings affordability the most between places in Utah, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Bountiful is $563,553.
The Median Rent in Bountiful is $1,467.
The Median Income in Bountiful is $103,723.
The Home Value To Income in Bountiful is 5.4x.
The Rent To Monthly Income in Bountiful is 0.17x.
The cost of living varies in the cities and towns around Bountiful. Here's a quick look at the cost of living in the most populous nearby places:
Syracuse, UT has a cost of living index of 125, 1.0x Bountiful.
Cottonwood Heights, UT has a cost of living index of 131, 1.1x Bountiful.
Kaysville, UT has a cost of living index of 124, 1.0x Bountiful.
| City | Population | Cost Of Living | Vs. Bountiful |
|---|---|---|---|
| Syracuse, UT | 34,009 | 125 | 1.0x |
| Cottonwood Heights, UT | 32,984 | 131 | 1.1x |
| Kaysville, UT | 32,861 | 124 | 1.0x |
| Holladay, UT | 31,236 | 140 | 1.1x |
| South Salt Lake, UT | 26,277 | 111 | 0.9x |
| Farmington, UT | 24,934 | 131 | 1.1x |
| North Salt Lake, UT | 23,239 | 124 | 1.0x |
| Centerville, UT | 16,692 | 126 | 1.0x |
| Woods Cross, UT | 11,490 | 116 | 0.9x |
| Summit Park, UT | 8,545 | 175 | 1.4x |