Cost of living in Draper 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 Draper 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 Draper is 147, with 100 being the average.
The cost of living index in Draper is 1.5x higher than the national average.
Draper ranks as the #86 cheapest in Utah out of 92.
Draper ranks as the #5,616 cheapest out of 6,489 in the US.
The median home value in Draper is $800,729.
The median income in Draper is $130,680.
According to the most recent data on the cost of living, Draper has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to Utah, Draper has a cost of living index that's 1.4x higher than Utah's index of 104.
The standard of living in Draper ranks as #86 most affordable out of the 92 places we measured in Utah. By definition, that implies Draper ranks as the #6 most expensive place in the Beehive State.
For more reading on life in Draper, check out:
Six factors go into calculating the cost of living index in Draper. Here is how it fairs on each of the criteria:
The Services index in Draper is 106.
The Groceries index in Draper is 101.
The Health index in Draper is 97.
The Housing index in Draper is 241.
The Transportation index in Draper is 109.
The Utilities index in Draper is 92.
| Living Expense | Draper | Utah | National Average | |
|---|---|---|---|---|
| Overall | 147 | 104 | 100 | |
| Services | 106 | 101 | 100 | |
| Groceries | 101 | 98 | 100 | |
| Health | 97 | 90 | 100 | |
| Housing | 241 | 115 | 100 | |
| Transportation | 109 | 104 | 100 | |
| Utilities | 92 | 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 Draper is $800,729.
The Median Rent in Draper is $1,812.
The Median Income in Draper is $130,680.
The Home Value To Income in Draper is 6.1x.
The Rent To Monthly Income in Draper is 0.17x.
The cost of living varies in the cities and towns around Draper. Here's a quick look at the cost of living in the most populous nearby places:
Sandy, UT has a cost of living index of 128, 0.9x Draper.
Lehi, UT has a cost of living index of 127, 0.9x Draper.
South Jordan, UT has a cost of living index of 136, 0.9x Draper.
| City | Population | Cost Of Living | Vs. Draper |
|---|---|---|---|
| Sandy, UT | 94,723 | 128 | 0.9x |
| Lehi, UT | 81,039 | 127 | 0.9x |
| South Jordan, UT | 80,331 | 136 | 0.9x |
| Herriman, UT | 57,336 | 130 | 0.9x |
| Riverton, UT | 44,944 | 127 | 0.9x |
| Cottonwood Heights, UT | 32,984 | 131 | 0.9x |
| Holladay, UT | 31,236 | 140 | 1.0x |
| Highland, UT | 19,625 | 159 | 1.1x |
| Bluffdale, UT | 18,168 | 141 | 1.0x |
| Alpine, UT | 10,272 | 169 | 1.1x |