Herriman, UT Cost Of Living
Cost Of Living In Herriman, UT Summary
Cost of living in Herriman 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 Herriman 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 Herriman is 117, with 100 being the average.
The cost of living index in Herriman is 1.2x higher than the national average.
Herriman ranks as the #75 cheapest in Utah out of 91.
Herriman ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Herriman is $435,900.
The median income in Herriman is $109,154.
Table Of Contents
Herriman's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Herriman, UT?
According to the most recent data on the cost of living, Herriman has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Utah, Herriman has a cost of living index that's 1.1x higher than Utah's index of 102.
The standard of living in Herriman ranks as #75 most affordable out of the 91 places we measured in Utah. By definition, that implies Herriman ranks as the #16 most expensive place in the Beehive State.
For more reading on life in Herriman, check out:
- Living In Herriman
- Herriman Crime Report
- Search Homes For Sale In Herriman, UT
In Utah
In America
Herriman Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Herriman. Here is how it fairs on each of the criteria:
The Services index in Herriman is 102.
The Groceries index in Herriman is 101.
The Health index in Herriman is 102.
The Housing index in Herriman is 151.
The Transportation index in Herriman is 113.
The Utilities index in Herriman is 91.
| Living Expense | Herriman | Utah | National Average | |
|---|---|---|---|---|
| Overall | 117 | 102 | 100 | |
| Services | 102 | 101 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 102 | 90 | 100 | |
| Housing | 151 | 109 | 100 | |
| Transportation | 113 | 105 | 100 | |
| Utilities | 91 | 93 | 100 | |
Herriman, UT Housing Cost Breakdown
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 Herriman is $435,900.
The Median Rent in Herriman is $1,506.
The Median Income in Herriman is $109,154.
The Home Value To Income in Herriman is 4.0x.
The Rent To Monthly Income in Herriman is 0.17x.
| Statistic | Herriman | Utah | United States |
|---|---|---|---|
| Median Home Value | $435,900 | $339,700 | $244,900 |
| Median Rent | $1,506 | $1,171 | $1,163 |
| Median Income | $109,154 | $79,133 | $69,021 |
| Home Value To Income | 4.0x | 4.3x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Herriman, UT Costs By Category
Detailed Herriman Services Costs Vs. Utah
Detailed Herriman Groceries Costs Vs. Utah
Detailed Herriman Health Costs Vs. Utah
Detailed Herriman Transportation Costs Vs. Utah
Detailed Herriman Utilities Costs Vs. Utah
Herriman SnackAbility
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Cost Of Living In Cities Around Herriman
The cost of living varies in the cities and towns around Herriman. Here's a quick look at the cost of living in the most populous nearby places:
West Jordan, UT has a cost of living index of 107, 0.9x Herriman.
Sandy, UT has a cost of living index of 113, 1.0x Herriman.
South Jordan, UT has a cost of living index of 124, 1.1x Herriman.
| City | Population | Cost Of Living | Vs. Herriman |
|---|---|---|---|
| West Jordan, UT | 116,045 | 107 | 0.9x |
| Sandy, UT | 96,272 | 113 | 1.0x |
| South Jordan, UT | 75,617 | 124 | 1.1x |
| Lehi, UT | 73,911 | 112 | 1.0x |
| Draper, UT | 49,978 | 127 | 1.1x |
| Riverton, UT | 44,773 | 115 | 1.0x |
| Midvale, UT | 35,313 | 104 | 0.9x |
| Cottonwood Heights, UT | 33,597 | 120 | 1.0x |
| Holladay, UT | 31,738 | 122 | 1.0x |
| Highland, UT | 18,913 | 134 | 1.1x |
