Nephi, UT Cost Of Living
Cost Of Living In Nephi, UT Summary
Cost of living in Nephi 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 Nephi 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 Nephi is 94, with 100 being the average.
The cost of living index in Nephi is 0.9x lower than the national average.
Nephi ranks as the #11 cheapest in Utah out of 91.
Nephi ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Nephi is $291,100.
The median income in Nephi is $74,113.
Table Of Contents
Nephi's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Nephi, UT?
According to the most recent data on the cost of living, Nephi has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Utah, Nephi has a cost of living index that's 0.9x lower than Utah's index of 102.
The standard of living in Nephi ranks as #11 most affordable out of the 91 places we measured in Utah. By definition, that implies Nephi ranks as the #80 most expensive place in the Beehive State.
For more reading on life in Nephi, check out:
- Living In Nephi
- Nephi Crime Report
- Search Homes For Sale In Nephi, UT
In Utah
In America
Nephi Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Nephi. Here is how it fairs on each of the criteria:
The Services index in Nephi is 97.
The Groceries index in Nephi is 99.
The Health index in Nephi is 92.
The Housing index in Nephi is 87.
The Transportation index in Nephi is 102.
The Utilities index in Nephi is 89.
| Living Expense | Nephi | Utah | National Average | |
|---|---|---|---|---|
| Overall | 94 | 102 | 100 | |
| Services | 97 | 101 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 92 | 90 | 100 | |
| Housing | 87 | 109 | 100 | |
| Transportation | 102 | 105 | 100 | |
| Utilities | 89 | 93 | 100 | |
Nephi, UT Housing Cost Breakdown
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 Nephi is $291,100.
The Median Rent in Nephi is $871.
The Median Income in Nephi is $74,113.
The Home Value To Income in Nephi is 3.9x.
The Rent To Monthly Income in Nephi is 0.14x.
| Statistic | Nephi | Utah | United States |
|---|---|---|---|
| Median Home Value | $291,100 | $339,700 | $244,900 |
| Median Rent | $871 | $1,171 | $1,163 |
| Median Income | $74,113 | $79,133 | $69,021 |
| Home Value To Income | 3.9x | 4.3x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Nephi, UT Costs By Category
Detailed Nephi Services Costs Vs. Utah
Detailed Nephi Groceries Costs Vs. Utah
Detailed Nephi Health Costs Vs. Utah
Detailed Nephi Transportation Costs Vs. Utah
Detailed Nephi Utilities Costs Vs. Utah
Nephi SnackAbility
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Cost Of Living In Cities Around Nephi
The cost of living varies in the cities and towns around Nephi. Here's a quick look at the cost of living in the most populous nearby places:
Orem, UT has a cost of living index of 101, 1.1x Nephi.
Lehi, UT has a cost of living index of 112, 1.2x Nephi.
Eagle Mountain, UT has a cost of living index of 108, 1.1x Nephi.
| City | Population | Cost Of Living | Vs. Nephi |
|---|---|---|---|
| Orem, UT | 96,734 | 101 | 1.1x |
| Lehi, UT | 73,911 | 112 | 1.2x |
| Eagle Mountain, UT | 42,905 | 108 | 1.1x |
| Pleasant Grove, UT | 37,228 | 103 | 1.1x |
| Saratoga Springs, UT | 36,977 | 111 | 1.2x |
| Highland, UT | 18,913 | 134 | 1.4x |
| Santaquin, UT | 13,602 | 100 | 1.1x |
| Lindon, UT | 11,346 | 115 | 1.2x |
| Mapleton, UT | 11,226 | 117 | 1.2x |
| Cedar Hills, UT | 9,975 | 120 | 1.3x |
