Cost of living in Ephraim 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 Ephraim 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 Ephraim is 97, with 100 being the average.
The cost of living index in Ephraim is 1.0x lower than the national average.
Ephraim ranks as the #18 cheapest in Utah out of 91.
Ephraim ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Ephraim is $290,800.
The median income in Ephraim is $60,982.
According to the most recent data on the cost of living, Ephraim has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Utah, Ephraim has a cost of living index that's 1.0x lower than Utah's index of 102.
The standard of living in Ephraim ranks as #18 most affordable out of the 91 places we measured in Utah. By definition, that implies Ephraim ranks as the #73 most expensive place in the Beehive State.
For more reading on life in Ephraim, check out:
Six factors go into calculating the cost of living index in Ephraim. Here is how it fairs on each of the criteria:
The Services index in Ephraim is 100.
The Groceries index in Ephraim is 98.
The Health index in Ephraim is 91.
The Housing index in Ephraim is 94.
The Transportation index in Ephraim is 100.
The Utilities index in Ephraim is 89.
Living Expense | Ephraim | Utah | National Average | |
---|---|---|---|---|
Overall | 97 | 102 | 100 | |
Services | 100 | 101 | 100 | |
Groceries | 98 | 99 | 100 | |
Health | 91 | 90 | 100 | |
Housing | 94 | 109 | 100 | |
Transportation | 100 | 105 | 100 | |
Utilities | 89 | 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 Ephraim is $290,800.
The Median Rent in Ephraim is $794.
The Median Income in Ephraim is $60,982.
The Home Value To Income in Ephraim is 4.8x.
The Rent To Monthly Income in Ephraim is 0.16x.
Statistic | Ephraim | Utah | United States |
---|---|---|---|
Median Home Value | $290,800 | $339,700 | $244,900 |
Median Rent | $794 | $1,171 | $1,163 |
Median Income | $60,982 | $79,133 | $69,021 |
Home Value To Income | 4.8x | 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 Ephraim. Here's a quick look at the cost of living in the most populous nearby places:
Payson, UT has a cost of living index of 97, 1.0x Ephraim.
Santaquin, UT has a cost of living index of 100, 1.0x Ephraim.
Salem, UT has a cost of living index of 109, 1.1x Ephraim.
City | Population | Cost Of Living | Vs. Ephraim |
---|---|---|---|
Payson, UT | 21,093 | 97 | 1.0x |
Santaquin, UT | 13,602 | 100 | 1.0x |
Salem, UT | 9,097 | 109 | 1.1x |
Price, UT | 8,192 | 86 | 0.9x |
Richfield, UT | 8,086 | 93 | 1.0x |
Nephi, UT | 6,334 | 94 | 1.0x |