Midway, UT Cost Of Living
Cost Of Living In Midway, UT Summary
Cost of living in Midway 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 Midway 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 Midway is 154, with 100 being the average.
The cost of living index in Midway is 1.5x higher than the national average.
Midway ranks as the #87 cheapest in Utah out of 92.
Midway ranks as the #5,792 cheapest out of 6,489 in the US.
The median home value in Midway is $980,125.
The median income in Midway is $146,750.
Table Of Contents
Midway's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Midway, UT?
According to the most recent data on the cost of living, Midway has an overall cost of living index of 154, which is 1.5x higher than the national index of 100.
Compared to Utah, Midway has a cost of living index that's 1.5x higher than Utah's index of 104.
The standard of living in Midway ranks as #87 most affordable out of the 92 places we measured in Utah. By definition, that implies Midway ranks as the #5 most expensive place in the Beehive State.
For more reading on life in Midway, check out:
In Utah
In America
Midway Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Midway. Here is how it fairs on each of the criteria:
The Services index in Midway is 100.
The Groceries index in Midway is 97.
The Health index in Midway is 96.
The Housing index in Midway is 280.
The Transportation index in Midway is 108.
The Utilities index in Midway is 92.
| Living Expense | Midway | Utah | National Average | |
|---|---|---|---|---|
| Overall | 154 | 104 | 100 | |
| Services | 100 | 101 | 100 | |
| Groceries | 97 | 98 | 100 | |
| Health | 96 | 90 | 100 | |
| Housing | 280 | 115 | 100 | |
| Transportation | 108 | 104 | 100 | |
| Utilities | 92 | 96 | 100 | |
Midway, 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 2019-2023. The key points are:
The Median Home Value in Midway is $980,125.
The Median Rent in Midway is $3,080.
The Median Income in Midway is $146,750.
The Home Value To Income in Midway is 6.7x.
The Rent To Monthly Income in Midway is 0.25x.
Median Home Value
Median Rent
Median Income
Midway, UT Costs By Category
Detailed Midway Services Costs Vs. Utah
Detailed Midway Groceries Costs Vs. Utah
Detailed Midway Health Costs Vs. Utah
Detailed Midway Transportation Costs Vs. Utah
Detailed Midway Utilities Costs Vs. Utah
Midway SnackAbility
/10
Cost Of Living In Cities Around Midway
The cost of living varies in the cities and towns around Midway. Here's a quick look at the cost of living in the most populous nearby places:
Orem, UT has a cost of living index of 113, 0.7x Midway.
Pleasant Grove, UT has a cost of living index of 119, 0.8x Midway.
Cottonwood Heights, UT has a cost of living index of 131, 0.9x Midway.
| City | Population | Cost Of Living | Vs. Midway |
|---|---|---|---|
| Orem, UT | 97,048 | 113 | 0.7x |
| Pleasant Grove, UT | 37,544 | 119 | 0.8x |
| Cottonwood Heights, UT | 32,984 | 131 | 0.9x |
| Highland, UT | 19,625 | 159 | 1.0x |
| Heber, UT | 17,438 | 121 | 0.8x |
| Lindon, UT | 11,594 | 131 | 0.9x |
| Alpine, UT | 10,272 | 169 | 1.1x |
| Cedar Hills, UT | 9,945 | 133 | 0.9x |
| Summit Park, UT | 8,545 | 175 | 1.1x |
| Snyderville, UT | 6,143 | 182 | 1.2x |
