Cost of living in Riverton 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 Riverton 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 Riverton is 127, with 100 being the average.
The cost of living index in Riverton is 1.3x higher than the national average.
Riverton ranks as the #70 cheapest in Utah out of 92.
Riverton ranks as the #4,833 cheapest out of 6,489 in the US.
The median home value in Riverton is $616,979.
The median income in Riverton is $119,093.
According to the most recent data on the cost of living, Riverton has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.
Compared to Utah, Riverton has a cost of living index that's 1.2x higher than Utah's index of 104.
The standard of living in Riverton ranks as #70 most affordable out of the 92 places we measured in Utah. By definition, that implies Riverton ranks as the #22 most expensive place in the Beehive State.
For more reading on life in Riverton, check out:
Six factors go into calculating the cost of living index in Riverton. Here is how it fairs on each of the criteria:
The Services index in Riverton is 107.
The Groceries index in Riverton is 101.
The Health index in Riverton is 96.
The Housing index in Riverton is 188.
The Transportation index in Riverton is 108.
The Utilities index in Riverton is 95.
| Living Expense | Riverton | Utah | National Average | |
|---|---|---|---|---|
| Overall | 127 | 104 | 100 | |
| Services | 107 | 101 | 100 | |
| Groceries | 101 | 98 | 100 | |
| Health | 96 | 90 | 100 | |
| Housing | 188 | 115 | 100 | |
| Transportation | 108 | 104 | 100 | |
| Utilities | 95 | 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 Riverton is $616,979.
The Median Rent in Riverton is $1,826.
The Median Income in Riverton is $119,093.
The Home Value To Income in Riverton is 5.2x.
The Rent To Monthly Income in Riverton is 0.18x.
The cost of living varies in the cities and towns around Riverton. 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 119, 0.9x Riverton.
Sandy, UT has a cost of living index of 128, 1.0x Riverton.
Lehi, UT has a cost of living index of 127, 1.0x Riverton.
| City | Population | Cost Of Living | Vs. Riverton |
|---|---|---|---|
| West Jordan, UT | 116,277 | 119 | 0.9x |
| Sandy, UT | 94,723 | 128 | 1.0x |
| Lehi, UT | 81,039 | 127 | 1.0x |
| South Jordan, UT | 80,331 | 136 | 1.1x |
| Herriman, UT | 57,336 | 130 | 1.0x |
| Draper, UT | 50,159 | 147 | 1.2x |
| Midvale, UT | 35,736 | 116 | 0.9x |
| Cottonwood Heights, UT | 32,984 | 131 | 1.0x |
| Holladay, UT | 31,236 | 140 | 1.1x |
| Highland, UT | 19,625 | 159 | 1.3x |