Price, UT Cost Of Living
Cost Of Living In Price, UT Summary
Cost of living in Price 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 Price 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 Price is 86, with 100 being the average.
The cost of living index in Price is 0.9x lower than the national average.
Price ranks as the #1 cheapest in Utah out of 91.
Price ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Price is $153,700.
The median income in Price is $45,429.
Table Of Contents
Price's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Price, UT?
According to the most recent data on the cost of living, Price has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Utah, Price has a cost of living index that's 0.8x lower than Utah's index of 102.
The standard of living in Price ranks as #1 most affordable out of the 91 places we measured in Utah. By definition, that implies Price ranks as the #90 most expensive place in the Beehive State.
For more reading on life in Price, check out:
- Living In Price
- Price Crime Report
- Search Homes For Sale In Price, UT
In Utah
In America
Price Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Price. Here is how it fairs on each of the criteria:
The Services index in Price is 100.
The Groceries index in Price is 97.
The Health index in Price is 90.
The Housing index in Price is 66.
The Transportation index in Price is 103.
The Utilities index in Price is 87.
| Living Expense | Price | Utah | National Average | |
|---|---|---|---|---|
| Overall | 86 | 102 | 100 | |
| Services | 100 | 101 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 90 | 90 | 100 | |
| Housing | 66 | 109 | 100 | |
| Transportation | 103 | 105 | 100 | |
| Utilities | 87 | 93 | 100 | |
Price, 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 Price is $153,700.
The Median Rent in Price is $781.
The Median Income in Price is $45,429.
The Home Value To Income in Price is 3.4x.
The Rent To Monthly Income in Price is 0.21x.
| Statistic | Price | Utah | United States |
|---|---|---|---|
| Median Home Value | $153,700 | $339,700 | $244,900 |
| Median Rent | $781 | $1,171 | $1,163 |
| Median Income | $45,429 | $79,133 | $69,021 |
| Home Value To Income | 3.4x | 4.3x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Price, UT Costs By Category
Detailed Price Services Costs Vs. Utah
Detailed Price Groceries Costs Vs. Utah
Detailed Price Health Costs Vs. Utah
Detailed Price Transportation Costs Vs. Utah
Detailed Price Utilities Costs Vs. Utah
Price SnackAbility
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Cost Of Living In Cities Around Price
The cost of living varies in the cities and towns around Price. Here's a quick look at the cost of living in the most populous nearby places:
Ephraim, UT has a cost of living index of 97, 1.1x Price.
| City | Population | Cost Of Living | Vs. Price |
|---|---|---|---|
| Ephraim, UT | 5,671 | 97 | 1.1x |
