Cost of living in Vernal 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 Vernal 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 Vernal is 101, with 100 being the average.
The cost of living index in Vernal is 1.0x higher than the national average.
Vernal ranks as the #32 cheapest in Utah out of 91.
Vernal ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Vernal is $168,800.
The median income in Vernal is $50,692.
According to the most recent data on the cost of living, Vernal has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Utah, Vernal has a cost of living index that's 1.0x lower than Utah's index of 102.
The standard of living in Vernal ranks as #32 most affordable out of the 91 places we measured in Utah. By definition, that implies Vernal ranks as the #59 most expensive place in the Beehive State.
For more reading on life in Vernal, check out:
Six factors go into calculating the cost of living index in Vernal. Here is how it fairs on each of the criteria:
The Services index in Vernal is 96.
The Groceries index in Vernal is 121.
The Health index in Vernal is 103.
The Housing index in Vernal is 92.
The Transportation index in Vernal is 110.
The Utilities index in Vernal is 84.
|Living Expense||Vernal||Utah||National Average|
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 Vernal is $168,800.
The Median Rent in Vernal is $732.
The Median Income in Vernal is $50,692.
The Home Value To Income in Vernal is 3.3x.
The Rent To Monthly Income in Vernal is 0.17x.
|Median Home Value||$168,800||$339,700||$244,900|
|Home Value To Income||3.3x||4.3x||3.5x|
|Rent To Monthly Income||0.17x||0.18x||0.2x|