Cost of living in Nibley 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 Nibley 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 Nibley is 101, with 100 being the average.
The cost of living index in Nibley is 1.0x higher than the national average.
Nibley ranks as the #32 cheapest in Utah out of 91.
Nibley ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Nibley is $296,400.
The median income in Nibley is $90,188.
According to the most recent data on the cost of living, Nibley has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Utah, Nibley has a cost of living index that's 1.0x lower than Utah's index of 102.
The standard of living in Nibley ranks as #32 most affordable out of the 91 places we measured in Utah. By definition, that implies Nibley ranks as the #59 most expensive place in the Beehive State.
For more reading on life in Nibley, check out:
Six factors go into calculating the cost of living index in Nibley. Here is how it fairs on each of the criteria:
The Services index in Nibley is 99.
The Groceries index in Nibley is 90.
The Health index in Nibley is 91.
The Housing index in Nibley is 109.
The Transportation index in Nibley is 106.
The Utilities index in Nibley is 90.
Living Expense | Nibley | Utah | National Average | |
---|---|---|---|---|
Overall | 101 | 102 | 100 | |
Services | 99 | 101 | 100 | |
Groceries | 90 | 99 | 100 | |
Health | 91 | 90 | 100 | |
Housing | 109 | 109 | 100 | |
Transportation | 106 | 105 | 100 | |
Utilities | 90 | 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 Nibley is $296,400.
The Median Rent in Nibley is $1,224.
The Median Income in Nibley is $90,188.
The Home Value To Income in Nibley is 3.3x.
The Rent To Monthly Income in Nibley is 0.16x.
Statistic | Nibley | Utah | United States |
---|---|---|---|
Median Home Value | $296,400 | $339,700 | $244,900 |
Median Rent | $1,224 | $1,171 | $1,163 |
Median Income | $90,188 | $79,133 | $69,021 |
Home Value To Income | 3.3x | 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 Nibley. Here's a quick look at the cost of living in the most populous nearby places:
Logan, UT has a cost of living index of 91, 0.9x Nibley.
Smithfield, UT has a cost of living index of 100, 1.0x Nibley.
North Logan, UT has a cost of living index of 103, 1.0x Nibley.
City | Population | Cost Of Living | Vs. Nibley |
---|---|---|---|
Logan, UT | 52,420 | 91 | 0.9x |
Smithfield, UT | 13,263 | 100 | 1.0x |
North Logan, UT | 10,705 | 103 | 1.0x |
Tremonton, UT | 9,727 | 91 | 0.9x |
Hyrum, UT | 9,330 | 94 | 0.9x |
Providence, UT | 8,199 | 106 | 1.0x |