Cost of living in Murray 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 Murray 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 Murray is 106, with 100 being the average.
The cost of living index in Murray is 1.1x higher than the national average.
Murray ranks as the #51 cheapest in Utah out of 91.
Murray ranks as the #3,772 cheapest out of 6,412 in the US.
The median home value in Murray is $338,700.
The median income in Murray is $72,524.
According to the most recent data on the cost of living, Murray has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Utah, Murray has a cost of living index that's 1.0x higher than Utah's index of 102.
The standard of living in Murray ranks as #51 most affordable out of the 91 places we measured in Utah. By definition, that implies Murray ranks as the #40 most expensive place in the Beehive State.
For more reading on life in Murray, check out:
Six factors go into calculating the cost of living index in Murray. Here is how it fairs on each of the criteria:
The Services index in Murray is 103.
The Groceries index in Murray is 101.
The Health index in Murray is 102.
The Housing index in Murray is 119.
The Transportation index in Murray is 115.
The Utilities index in Murray is 92.
Living Expense | Murray | Utah | National Average | |
---|---|---|---|---|
Overall | 106 | 102 | 100 | |
Services | 103 | 101 | 100 | |
Groceries | 101 | 99 | 100 | |
Health | 102 | 90 | 100 | |
Housing | 119 | 109 | 100 | |
Transportation | 115 | 105 | 100 | |
Utilities | 92 | 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 Murray is $338,700.
The Median Rent in Murray is $1,224.
The Median Income in Murray is $72,524.
The Home Value To Income in Murray is 4.7x.
The Rent To Monthly Income in Murray is 0.2x.
Statistic | Murray | Utah | United States |
---|---|---|---|
Median Home Value | $338,700 | $339,700 | $244,900 |
Median Rent | $1,224 | $1,171 | $1,163 |
Median Income | $72,524 | $79,133 | $69,021 |
Home Value To Income | 4.7x | 4.3x | 3.5x |
Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Murray. Here's a quick look at the cost of living in the most populous nearby places:
Reynoldsburg, OH has a cost of living index of 90, 0.8x Murray.
Athens, OH has a cost of living index of 93, 0.9x Murray.
Centerville, OH has a cost of living index of 98, 0.9x Murray.
City | Population | Cost Of Living | Vs. Murray |
---|---|---|---|
Reynoldsburg, OH | 39,803 | 90 | 0.8x |
Athens, OH | 24,507 | 93 | 0.9x |
Centerville, OH | 24,281 | 98 | 0.9x |
Pickerington, OH | 22,682 | 98 | 0.9x |
Pataskala, OH | 17,598 | 95 | 0.9x |
Blacklick Estates, OH | 10,066 | 87 | 0.8x |
Canal Winchester, OH | 9,209 | 92 | 0.9x |
Groveport, OH | 5,942 | 87 | 0.8x |
Granville, OH | 5,675 | 111 | 1.0x |