Cost of living in Sandy 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 Sandy 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 Sandy is 113, with 100 being the average.
The cost of living index in Sandy is 1.1x higher than the national average.
Sandy ranks as the #71 cheapest in Utah out of 91.
Sandy ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Sandy is $418,700.
The median income in Sandy is $100,749.
According to the most recent data on the cost of living, Sandy has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Utah, Sandy has a cost of living index that's 1.1x higher than Utah's index of 102.
The standard of living in Sandy ranks as #71 most affordable out of the 91 places we measured in Utah. By definition, that implies Sandy ranks as the #20 most expensive place in the Beehive State.
For more reading on life in Sandy, check out:
Six factors go into calculating the cost of living index in Sandy. Here is how it fairs on each of the criteria:
The Services index in Sandy is 101.
The Groceries index in Sandy is 99.
The Health index in Sandy is 100.
The Housing index in Sandy is 145.
The Transportation index in Sandy is 113.
The Utilities index in Sandy is 92.
Living Expense | Sandy | Utah | National Average | |
---|---|---|---|---|
Overall | 113 | 102 | 100 | |
Services | 101 | 101 | 100 | |
Groceries | 99 | 99 | 100 | |
Health | 100 | 90 | 100 | |
Housing | 145 | 109 | 100 | |
Transportation | 113 | 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 Sandy is $418,700.
The Median Rent in Sandy is $1,460.
The Median Income in Sandy is $100,749.
The Home Value To Income in Sandy is 4.2x.
The Rent To Monthly Income in Sandy is 0.17x.
Statistic | Sandy | Utah | United States |
---|---|---|---|
Median Home Value | $418,700 | $339,700 | $244,900 |
Median Rent | $1,460 | $1,171 | $1,163 |
Median Income | $100,749 | $79,133 | $69,021 |
Home Value To Income | 4.2x | 4.3x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Sandy. Here's a quick look at the cost of living in the most populous nearby places:
South Jordan, UT has a cost of living index of 124, 1.1x Sandy.
Lehi, UT has a cost of living index of 112, 1.0x Sandy.
Taylorsville, UT has a cost of living index of 103, 0.9x Sandy.
City | Population | Cost Of Living | Vs. Sandy |
---|---|---|---|
South Jordan, UT | 75,617 | 124 | 1.1x |
Lehi, UT | 73,911 | 112 | 1.0x |
Taylorsville, UT | 60,295 | 103 | 0.9x |
Murray, UT | 50,183 | 106 | 0.9x |
Draper, UT | 49,978 | 127 | 1.1x |
Riverton, UT | 44,773 | 115 | 1.0x |
Midvale, UT | 35,313 | 104 | 0.9x |
Cottonwood Heights, UT | 33,597 | 120 | 1.1x |
Holladay, UT | 31,738 | 122 | 1.1x |
Highland, UT | 18,913 | 134 | 1.2x |