Santaquin, UT Cost Of Living
Cost Of Living In Santaquin, UT Summary
Cost of living in Santaquin 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 Santaquin 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 Santaquin is 100, with 100 being the average.
The cost of living index in Santaquin is 1.0x lower than the national average.
Santaquin ranks as the #28 cheapest in Utah out of 91.
Santaquin ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Santaquin is $313,500.
The median income in Santaquin is $82,057.
Table Of Contents
Santaquin's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Santaquin, UT?
According to the most recent data on the cost of living, Santaquin has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Utah, Santaquin has a cost of living index that's 1.0x lower than Utah's index of 102.
The standard of living in Santaquin ranks as #28 most affordable out of the 91 places we measured in Utah. By definition, that implies Santaquin ranks as the #63 most expensive place in the Beehive State.
For more reading on life in Santaquin, check out:
- Living In Santaquin
- Search Homes For Sale In Santaquin, UT
In Utah
In America
Santaquin Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Santaquin. Here is how it fairs on each of the criteria:
The Services index in Santaquin is 101.
The Groceries index in Santaquin is 98.
The Health index in Santaquin is 92.
The Housing index in Santaquin is 105.
The Transportation index in Santaquin is 102.
The Utilities index in Santaquin is 88.
| Living Expense | Santaquin | Utah | National Average | |
|---|---|---|---|---|
| Overall | 100 | 102 | 100 | |
| Services | 101 | 101 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 92 | 90 | 100 | |
| Housing | 105 | 109 | 100 | |
| Transportation | 102 | 105 | 100 | |
| Utilities | 88 | 93 | 100 | |
Santaquin, 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 Santaquin is $313,500.
The Median Rent in Santaquin is $996.
The Median Income in Santaquin is $82,057.
The Home Value To Income in Santaquin is 3.8x.
The Rent To Monthly Income in Santaquin is 0.15x.
| Statistic | Santaquin | Utah | United States |
|---|---|---|---|
| Median Home Value | $313,500 | $339,700 | $244,900 |
| Median Rent | $996 | $1,171 | $1,163 |
| Median Income | $82,057 | $79,133 | $69,021 |
| Home Value To Income | 3.8x | 4.3x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Santaquin, UT Costs By Category
Detailed Santaquin Services Costs Vs. Utah
Detailed Santaquin Groceries Costs Vs. Utah
Detailed Santaquin Health Costs Vs. Utah
Detailed Santaquin Transportation Costs Vs. Utah
Detailed Santaquin Utilities Costs Vs. Utah
Santaquin SnackAbility
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Cost Of Living In Cities Around Santaquin
The cost of living varies in the cities and towns around Santaquin. Here's a quick look at the cost of living in the most populous nearby places:
Spanish Fork, UT has a cost of living index of 101, 1.0x Santaquin.
Springville, UT has a cost of living index of 98, 1.0x Santaquin.
Payson, UT has a cost of living index of 97, 1.0x Santaquin.
| City | Population | Cost Of Living | Vs. Santaquin |
|---|---|---|---|
| Spanish Fork, UT | 41,953 | 101 | 1.0x |
| Springville, UT | 34,750 | 98 | 1.0x |
| Payson, UT | 21,093 | 97 | 1.0x |
| Mapleton, UT | 11,226 | 117 | 1.2x |
| Salem, UT | 9,097 | 109 | 1.1x |
| Nephi, UT | 6,334 | 94 | 0.9x |
