Cost of living in Farr West 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 Farr West 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 Farr West is 104, with 100 being the average.
The cost of living index in Farr West is 1.0x higher than the national average.
Farr West ranks as the #45 cheapest in Utah out of 91.
Farr West ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Farr West is $356,600.
The median income in Farr West is $98,088.
According to the most recent data on the cost of living, Farr West has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Utah, Farr West has a cost of living index that's 1.0x higher than Utah's index of 102.
The standard of living in Farr West ranks as #45 most affordable out of the 91 places we measured in Utah. By definition, that implies Farr West ranks as the #46 most expensive place in the Beehive State.
For more reading on life in Farr West, check out:
Six factors go into calculating the cost of living index in Farr West. Here is how it fairs on each of the criteria:
The Services index in Farr West is 98.
The Groceries index in Farr West is 88.
The Health index in Farr West is 91.
The Housing index in Farr West is 121.
The Transportation index in Farr West is 110.
The Utilities index in Farr West is 88.
Living Expense | Farr West | Utah | National Average | |
---|---|---|---|---|
Overall | 104 | 102 | 100 | |
Services | 98 | 101 | 100 | |
Groceries | 88 | 99 | 100 | |
Health | 91 | 90 | 100 | |
Housing | 121 | 109 | 100 | |
Transportation | 110 | 105 | 100 | |
Utilities | 88 | 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 Farr West is $356,600.
The Median Rent in Farr West is $640.
The Median Income in Farr West is $98,088.
The Home Value To Income in Farr West is 3.6x.
The Rent To Monthly Income in Farr West is 0.08x.
Statistic | Farr West | Utah | United States |
---|---|---|---|
Median Home Value | $356,600 | $339,700 | $244,900 |
Median Rent | $640 | $1,171 | $1,163 |
Median Income | $98,088 | $79,133 | $69,021 |
Home Value To Income | 3.6x | 4.3x | 3.5x |
Rent To Monthly Income | 0.08x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Farr West. Here's a quick look at the cost of living in the most populous nearby places:
Ogden, UT has a cost of living index of 90, 0.9x Farr West.
Kaysville, UT has a cost of living index of 109, 1.0x Farr West.
Syracuse, UT has a cost of living index of 111, 1.1x Farr West.
City | Population | Cost Of Living | Vs. Farr West |
---|---|---|---|
Ogden, UT | 86,110 | 90 | 0.9x |
Kaysville, UT | 32,438 | 109 | 1.0x |
Syracuse, UT | 31,715 | 111 | 1.1x |
Clinton, UT | 23,192 | 102 | 1.0x |
North Ogden, UT | 20,703 | 103 | 1.0x |
West Haven, UT | 16,918 | 109 | 1.0x |
West Point, UT | 10,963 | 107 | 1.0x |
Pleasant View, UT | 10,733 | 109 | 1.0x |
Riverdale, UT | 9,279 | 95 | 0.9x |
Hooper, UT | 8,941 | 110 | 1.1x |