Cost of living in Bountiful 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 Bountiful 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 Bountiful is 108, with 100 being the average.
The cost of living index in Bountiful is 1.1x higher than the national average.
Bountiful ranks as the #58 cheapest in Utah out of 91.
Bountiful ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Bountiful is $375,100.
The median income in Bountiful is $89,365.
According to the most recent data on the cost of living, Bountiful has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Utah, Bountiful has a cost of living index that's 1.1x higher than Utah's index of 102.
The standard of living in Bountiful ranks as #58 most affordable out of the 91 places we measured in Utah. By definition, that implies Bountiful ranks as the #33 most expensive place in the Beehive State.
For more reading on life in Bountiful, check out:
Six factors go into calculating the cost of living index in Bountiful. Here is how it fairs on each of the criteria:
The Services index in Bountiful is 100.
The Groceries index in Bountiful is 98.
The Health index in Bountiful is 101.
The Housing index in Bountiful is 126.
The Transportation index in Bountiful is 112.
The Utilities index in Bountiful is 91.
Living Expense | Bountiful | Utah | National Average | |
---|---|---|---|---|
Overall | 108 | 102 | 100 | |
Services | 100 | 101 | 100 | |
Groceries | 98 | 99 | 100 | |
Health | 101 | 90 | 100 | |
Housing | 126 | 109 | 100 | |
Transportation | 112 | 105 | 100 | |
Utilities | 91 | 93 | 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 2017-2021. The key points are:
The Median Home Value in Bountiful is $375,100.
The Median Rent in Bountiful is $1,221.
The Median Income in Bountiful is $89,365.
The Home Value To Income in Bountiful is 4.2x.
The Rent To Monthly Income in Bountiful is 0.16x.
Statistic | Bountiful | Utah | United States |
---|---|---|---|
Median Home Value | $375,100 | $339,700 | $244,900 |
Median Rent | $1,221 | $1,171 | $1,163 |
Median Income | $89,365 | $79,133 | $69,021 |
Home Value To Income | 4.2x | 4.3x | 3.5x |
Rent To Monthly Income | 0.16x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Bountiful. Here's a quick look at the cost of living in the most populous nearby places:
Cottonwood Heights, UT has a cost of living index of 120, 1.1x Bountiful.
Kaysville, UT has a cost of living index of 109, 1.0x Bountiful.
Holladay, UT has a cost of living index of 122, 1.1x Bountiful.
City | Population | Cost Of Living | Vs. Bountiful |
---|---|---|---|
Cottonwood Heights, UT | 33,597 | 120 | 1.1x |
Kaysville, UT | 32,438 | 109 | 1.0x |
Holladay, UT | 31,738 | 122 | 1.1x |
Syracuse, UT | 31,715 | 111 | 1.0x |
South Salt Lake, UT | 26,086 | 99 | 0.9x |
Farmington, UT | 23,990 | 118 | 1.1x |
North Salt Lake, UT | 21,411 | 107 | 1.0x |
Centerville, UT | 16,711 | 109 | 1.0x |
Woods Cross, UT | 11,372 | 103 | 1.0x |
Summit Park, UT | 8,406 | 156 | 1.4x |