Cost of living in Syracuse 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 Syracuse 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 Syracuse is 111, with 100 being the average.
The cost of living index in Syracuse is 1.1x higher than the national average.
Syracuse ranks as the #68 cheapest in Utah out of 91.
Syracuse ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Syracuse is $375,800.
The median income in Syracuse is $114,864.
According to the most recent data on the cost of living, Syracuse has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Utah, Syracuse has a cost of living index that's 1.1x higher than Utah's index of 102.
The standard of living in Syracuse ranks as #68 most affordable out of the 91 places we measured in Utah. By definition, that implies Syracuse ranks as the #23 most expensive place in the Beehive State.
For more reading on life in Syracuse, check out:
Six factors go into calculating the cost of living index in Syracuse. Here is how it fairs on each of the criteria:
The Services index in Syracuse is 95.
The Groceries index in Syracuse is 90.
The Health index in Syracuse is 95.
The Housing index in Syracuse is 144.
The Transportation index in Syracuse is 109.
The Utilities index in Syracuse is 89.
Living Expense | Syracuse | Utah | National Average | |
---|---|---|---|---|
Overall | 111 | 102 | 100 | |
Services | 95 | 101 | 100 | |
Groceries | 90 | 99 | 100 | |
Health | 95 | 90 | 100 | |
Housing | 144 | 109 | 100 | |
Transportation | 109 | 105 | 100 | |
Utilities | 89 | 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 Syracuse is $375,800.
The Median Rent in Syracuse is $1,823.
The Median Income in Syracuse is $114,864.
The Home Value To Income in Syracuse is 3.3x.
The Rent To Monthly Income in Syracuse is 0.19x.
Statistic | Syracuse | Utah | United States |
---|---|---|---|
Median Home Value | $375,800 | $339,700 | $244,900 |
Median Rent | $1,823 | $1,171 | $1,163 |
Median Income | $114,864 | $79,133 | $69,021 |
Home Value To Income | 3.3x | 4.3x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Syracuse. Here's a quick look at the cost of living in the most populous nearby places:
Layton, UT has a cost of living index of 100, 0.9x Syracuse.
Roy, UT has a cost of living index of 93, 0.8x Syracuse.
Kaysville, UT has a cost of living index of 109, 1.0x Syracuse.
City | Population | Cost Of Living | Vs. Syracuse |
---|---|---|---|
Layton, UT | 80,858 | 100 | 0.9x |
Roy, UT | 39,076 | 93 | 0.8x |
Kaysville, UT | 32,438 | 109 | 1.0x |
Clearfield, UT | 31,802 | 95 | 0.9x |
Farmington, UT | 23,990 | 118 | 1.1x |
Clinton, UT | 23,192 | 102 | 0.9x |
North Ogden, UT | 20,703 | 103 | 0.9x |
Centerville, UT | 16,711 | 109 | 1.0x |
West Point, UT | 10,963 | 107 | 1.0x |
Pleasant View, UT | 10,733 | 109 | 1.0x |