Cost of living in Sunset 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 Sunset 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 Sunset is 88, with 100 being the average.
The cost of living index in Sunset is 0.9x lower than the national average.
Sunset ranks as the #2 cheapest in Utah out of 91.
Sunset ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Sunset is $213,200.
The median income in Sunset is $62,950.
According to the most recent data on the cost of living, Sunset has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Utah, Sunset has a cost of living index that's 0.9x lower than Utah's index of 102.
The standard of living in Sunset ranks as #2 most affordable out of the 91 places we measured in Utah. By definition, that implies Sunset ranks as the #89 most expensive place in the Beehive State.
For more reading on life in Sunset, check out:
Six factors go into calculating the cost of living index in Sunset. Here is how it fairs on each of the criteria:
The Services index in Sunset is 99.
The Groceries index in Sunset is 88.
The Health index in Sunset is 92.
The Housing index in Sunset is 73.
The Transportation index in Sunset is 110.
The Utilities index in Sunset is 90.
Living Expense | Sunset | Utah | National Average | |
---|---|---|---|---|
Overall | 88 | 102 | 100 | |
Services | 99 | 101 | 100 | |
Groceries | 88 | 99 | 100 | |
Health | 92 | 90 | 100 | |
Housing | 73 | 109 | 100 | |
Transportation | 110 | 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 Sunset is $213,200.
The Median Rent in Sunset is $968.
The Median Income in Sunset is $62,950.
The Home Value To Income in Sunset is 3.4x.
The Rent To Monthly Income in Sunset is 0.18x.
Statistic | Sunset | Utah | United States |
---|---|---|---|
Median Home Value | $213,200 | $339,700 | $244,900 |
Median Rent | $968 | $1,171 | $1,163 |
Median Income | $62,950 | $79,133 | $69,021 |
Home Value To Income | 3.4x | 4.3x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Sunset. Here's a quick look at the cost of living in the most populous nearby places:
Denton, TX has a cost of living index of 102, 1.2x Sunset.
Flower Mound, TX has a cost of living index of 117, 1.3x Sunset.
Keller, TX has a cost of living index of 117, 1.3x Sunset.
City | Population | Cost Of Living | Vs. Sunset |
---|---|---|---|
Denton, TX | 139,704 | 102 | 1.2x |
Flower Mound, TX | 75,050 | 117 | 1.3x |
Keller, TX | 45,190 | 117 | 1.3x |
Southlake, TX | 30,754 | 150 | 1.7x |
Weatherford, TX | 30,385 | 96 | 1.1x |
Saginaw, TX | 23,676 | 93 | 1.1x |
Watauga, TX | 23,649 | 93 | 1.1x |
Corinth, TX | 22,216 | 107 | 1.2x |
Highland, UT | 18,913 | 134 | 1.5x |
Gainesville, TX | 17,146 | 84 | 1.0x |