Understand the cost of living in Utah including housing, taxes, insurance, and everyday expenses. Compare Utah costs to the national average.
Utah has a cost of living index of 101, where 100 represents the national average. This means living in Utah is 101 percent of the national average cost. The median household income in Utah is $79,000, which should be weighed against local expenses.
Housing is typically the largest expense for Utah residents. The median home price is $460,000, with property taxes averaging 0.58% and home insurance at $1,100 per year. Renters also face costs influenced by the state's overall cost of living index of 101.
Utah residents pay a top income tax rate of 4.65%, a sales tax of 6.1%, and property taxes of 0.58%. These tax rates play a major role in the overall cost of living and your household budget.
Auto insurance in Utah averages $1,600 per year, which is a significant ongoing expense. Combined with fuel, maintenance, and commuting costs, transportation can account for a notable portion of the Utah household budget.
With a cost of living index of 101, Utah ranks among states that are 101 percent of the national average. The median income of $79,000 and median home price of $460,000 provide useful benchmarks for comparison. Use CalcHubb's cost of living calculator to compare Utah with any other state.
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