Cost of living in Grantsville 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 Grantsville 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 Grantsville is 102, with 100 being the average.
The cost of living index in Grantsville is 1.0x higher than the national average.
Grantsville ranks as the #36 cheapest in Utah out of 91.
Grantsville ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Grantsville is $300,900.
The median income in Grantsville is $84,923.
According to the most recent data on the cost of living, Grantsville has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Utah, Grantsville has a cost of living index that's 1.0x lower than Utah's index of 102.
The standard of living in Grantsville ranks as #36 most affordable out of the 91 places we measured in Utah. By definition, that implies Grantsville ranks as the #55 most expensive place in the Beehive State.
For more reading on life in Grantsville, check out:
Six factors go into calculating the cost of living index in Grantsville. Here is how it fairs on each of the criteria:
The Services index in Grantsville is 102.
The Groceries index in Grantsville is 100.
The Health index in Grantsville is 101.
The Housing index in Grantsville is 99.
The Transportation index in Grantsville is 113.
The Utilities index in Grantsville is 91.
|Living Expense||Grantsville||Utah||National Average|
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 2017-2021. The key points are:
The Median Home Value in Grantsville is $300,900.
The Median Rent in Grantsville is $810.
The Median Income in Grantsville is $84,923.
The Home Value To Income in Grantsville is 3.5x.
The Rent To Monthly Income in Grantsville is 0.11x.
|Median Home Value||$300,900||$339,700||$244,900|
|Home Value To Income||3.5x||4.3x||3.5x|
|Rent To Monthly Income||0.11x||0.18x||0.2x|
The cost of living varies in the cities and towns around Grantsville. Here's a quick look at the cost of living in the most populous nearby places:
South Jordan, UT has a cost of living index of 124, 1.2x Grantsville.
Draper, UT has a cost of living index of 127, 1.2x Grantsville.
Riverton, UT has a cost of living index of 115, 1.1x Grantsville.
|City||Population||Cost Of Living||Vs. Grantsville|
|South Jordan, UT||75,617||124||1.2x|
|Cottonwood Heights, UT||33,597||120||1.2x|
|Cedar Hills, UT||9,975||120||1.2x|
|Stansbury Park, UT||9,839||109||1.1x|