Springville, UT Cost Of Living
Cost Of Living In Springville, UT Summary
Cost of living in Springville 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 Springville 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 Springville is 98, with 100 being the average.
The cost of living index in Springville is 1.0x lower than the national average.
Springville ranks as the #21 cheapest in Utah out of 91.
Springville ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Springville is $322,100.
The median income in Springville is $76,982.
Table Of Contents
Springville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Springville, UT?
According to the most recent data on the cost of living, Springville has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Utah, Springville has a cost of living index that's 1.0x lower than Utah's index of 102.
The standard of living in Springville ranks as #21 most affordable out of the 91 places we measured in Utah. By definition, that implies Springville ranks as the #70 most expensive place in the Beehive State.
For more reading on life in Springville, check out:
- Living In Springville
- Springville Crime Report
- Search Homes For Sale In Springville, UT
In Utah
In America
Springville Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Springville. Here is how it fairs on each of the criteria:
The Services index in Springville is 101.
The Groceries index in Springville is 95.
The Health index in Springville is 93.
The Housing index in Springville is 110.
The Transportation index in Springville is 101.
The Utilities index in Springville is 86.
| Living Expense | Springville | Utah | National Average | |
|---|---|---|---|---|
| Overall | 98 | 102 | 100 | |
| Services | 101 | 101 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 93 | 90 | 100 | |
| Housing | 110 | 109 | 100 | |
| Transportation | 101 | 105 | 100 | |
| Utilities | 86 | 93 | 100 | |
Springville, 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 Springville is $322,100.
The Median Rent in Springville is $1,224.
The Median Income in Springville is $76,982.
The Home Value To Income in Springville is 4.2x.
The Rent To Monthly Income in Springville is 0.19x.
| Statistic | Springville | Utah | United States |
|---|---|---|---|
| Median Home Value | $322,100 | $339,700 | $244,900 |
| Median Rent | $1,224 | $1,171 | $1,163 |
| Median Income | $76,982 | $79,133 | $69,021 |
| Home Value To Income | 4.2x | 4.3x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Springville, UT Costs By Category
Detailed Springville Services Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| Shampoo | $0.98 | $1.06 |
| Movie | $10.75 | $10.68 |
| Bowling | $16.5 | $14.67 |
| Haircut | $22.53 | $18.62 |
| Beauty Salon | $36.53 | $39.05 |
Detailed Springville Groceries Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| Ground Beef | $4.28 | $4.22 |
| Fried Chicken | $1.66 | $1.39 |
| Milk | $1.5 | $2.05 |
| Potatoes | $2.95 | $3.29 |
| Pizza | $11.32 | $10.62 |
| Beer | $8.6 | $9.38 |
| Toothpaste | $2.08 | $2.34 |
Detailed Springville Health Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| Optometrist | $97.49 | $108.57 |
| Doctor | $99.81 | $116.17 |
| Dentist | $84.76 | $99.13 |
Detailed Springville Transportation Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| Gasoline | $2.39 | $2.22 |
| Tire Balancing | $42.72 | $50.07 |
Detailed Springville Utilities Costs Vs. Utah
| Item | Springville | Utah |
|---|---|---|
| All Electricity | $126.49 | $167.67 |
| Phone | $187.21 | $175.64 |
Springville SnackAbility
/10
Cost Of Living In Cities Around Springville
The cost of living varies in the cities and towns around Springville. Here's a quick look at the cost of living in the most populous nearby places:
Provo, UT has a cost of living index of 99, 1.0x Springville.
Orem, UT has a cost of living index of 101, 1.0x Springville.
Spanish Fork, UT has a cost of living index of 101, 1.0x Springville.
| City | Population | Cost Of Living | Vs. Springville |
|---|---|---|---|
| Provo, UT | 113,538 | 99 | 1.0x |
| Orem, UT | 96,734 | 101 | 1.0x |
| Spanish Fork, UT | 41,953 | 101 | 1.0x |
| Pleasant Grove, UT | 37,228 | 103 | 1.1x |
| Saratoga Springs, UT | 36,977 | 111 | 1.1x |
| American Fork, UT | 32,822 | 103 | 1.1x |
| Payson, UT | 21,093 | 97 | 1.0x |
| Lindon, UT | 11,346 | 115 | 1.2x |
| Mapleton, UT | 11,226 | 117 | 1.2x |
| Cedar Hills, UT | 9,975 | 120 | 1.2x |
