GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Living In Utah

The average cost of living in Utah is lower than the national average, with housing costs being the primary driver of expenses.

Statistic 1

"Child care costs for an infant in Utah average around $10,000 per year."

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Statistic 2

"Utah's utility costs are about 8% below the national average."

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Statistic 3

"The average property tax rate in Utah is 0.66%."

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Statistic 4

"Health care costs in Utah are about 10% lower compared to the U.S. average."

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Statistic 5

"The average cost of living in Utah is around 3% lower than the national average."

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Statistic 6

"The state sales tax rate in Utah is 4.85%."

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Statistic 7

"Average monthly rent for a one-bedroom apartment in Salt Lake City is about $1,250."

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Statistic 8

"The average annual salary of teachers in Utah is $55,725."

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Statistic 9

"The average cost of dining out in Utah is about 5% lower than the national average."

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Statistic 10

"The cost per credit hour at the University of Utah is approximately $600 for in-state students."

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Statistic 11

"Utah has an unemployment rate of 2.9%, one of the lowest in the nation."

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Statistic 12

"The average monthly cost of home maintenance in Utah is about $150."

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Statistic 13

"The average water bill in Utah is roughly $40 per month."

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Statistic 14

"Average yearly income in Utah is around $63,000."

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Statistic 15

"Average annual insurance premiums for health insurance in Utah are around $4,800."

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Statistic 16

"Utah's transportation costs are roughly 5% below the national average."

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Statistic 17

"Utah's average monthly internet cost is approximately $60."

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Statistic 18

"The median home price in Utah is approximately $350,000."

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Statistic 19

"The average monthly grocery cost for an individual in Utah is $325."

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Statistic 20

"Gasoline prices in Utah average $0.20 higher per gallon than the national average."

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