Springville, UT Cost Of Living
Cost Of Living In Springville, UT Summary
Cost of living in Springville 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 Springville 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 Springville is 112, with 100 being the average.
The cost of living index in Springville is 1.1x higher than the national average.
Springville ranks as the #33 cheapest in Utah out of 92.
Springville ranks as the #3,863 cheapest out of 6,489 in the US.
The median home value in Springville is $499,550.
The median income in Springville is $88,516.
Table Of Contents
Springville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Springville, UT?
According to the most recent data on the cost of living, Springville has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Utah, Springville has a cost of living index that's 1.1x higher than Utah's index of 104.
The standard of living in Springville ranks as #33 most affordable out of the 92 places we measured in Utah. By definition, that implies Springville ranks as the #59 most expensive place in the Beehive State.
For more reading on life in Springville, check out:
In Utah
In America
Springville Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Springville. Here is how it fairs on each of the criteria:
The Services index in Springville is 103.
The Groceries index in Springville is 99.
The Health index in Springville is 94.
The Housing index in Springville is 148.
The Transportation index in Springville is 105.
The Utilities index in Springville is 91.
| Living Expense | Springville | Utah | National Average | |
|---|---|---|---|---|
| Overall | 112 | 104 | 100 | |
| Services | 103 | 101 | 100 | |
| Groceries | 99 | 98 | 100 | |
| Health | 94 | 90 | 100 | |
| Housing | 148 | 115 | 100 | |
| Transportation | 105 | 104 | 100 | |
| Utilities | 91 | 96 | 100 | |
Springville, 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 Springville is $499,550.
The Median Rent in Springville is $1,472.
The Median Income in Springville is $88,516.
The Home Value To Income in Springville is 5.6x.
The Rent To Monthly Income in Springville is 0.2x.
| Statistic | Springville | Utah | United States |
|---|---|---|---|
| Median Home Value | $499,550 | $530,804 | $303,400 |
| Median Rent | $1,472 | $1,405 | $1,348 |
| Median Income | $88,516 | $91,750 | $78,538 |
| Home Value To Income | 5.6x | 5.8x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Springville, UT Costs By Category
Detailed Springville Services Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| Shampoo | $1.18 | $1.28 |
| Movie | $12.31 | $12.13 |
| Bowling | $20.93 | $18 |
| Haircut | $20.85 | $24.26 |
| Beauty Salon | $48.42 | $45.56 |
Detailed Springville Groceries Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| Ground Beef | $5.79 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.62 | $4.67 |
| Potatoes | $4.61 | $4.93 |
| Pizza | $12.02 | $12.09 |
| Beer | $10.69 | $10.41 |
| Toothpaste | $3.58 | $3.7 |
Detailed Springville Health Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| Optometrist | $119.08 | $125.68 |
| Doctor | $128.07 | $135.78 |
| Dentist | $99.1 | $113.29 |
Detailed Springville Transportation Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| Gasoline | $3.58 | $3.46 |
| Tire Balancing | $69.63 | $59.92 |
Detailed Springville Utilities Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| All Electricity | $165.5 | $193.99 |
| Phone | $192.69 | $192.25 |
Springville SnackAbility
/10
Cost Of Living In Cities Around Springville
The cost of living varies in the cities and towns around Springville. Here's a quick look at the cost of living in the most populous nearby places:
Provo, UT has a cost of living index of 113, 1.0x Springville.
Orem, UT has a cost of living index of 113, 1.0x Springville.
Saratoga Springs, UT has a cost of living index of 128, 1.1x Springville.
| City | Population | Cost Of Living | Vs. Springville |
|---|---|---|---|
| Provo, UT | 114,303 | 113 | 1.0x |
| Orem, UT | 97,048 | 113 | 1.0x |
| Saratoga Springs, UT | 44,070 | 128 | 1.1x |
| Spanish Fork, UT | 43,632 | 113 | 1.0x |
| Pleasant Grove, UT | 37,544 | 119 | 1.1x |
| American Fork, UT | 35,312 | 120 | 1.1x |
| Payson, UT | 22,205 | 110 | 1.0x |
| Mapleton, UT | 12,340 | 135 | 1.2x |
| Lindon, UT | 11,594 | 131 | 1.2x |
| Cedar Hills, UT | 9,945 | 133 | 1.2x |
