Bountiful cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBountifulUtahNational
Cost of living index107101100
IndexBountifulUtahNational
Goods & Services index10196100
Groceries index9596100
Health care index9189100
Housing index126113100
Transportation index106102100
Utilities index9490100
A general summary of the cost of living index in Bountiful, UT is shown above. Compared to the state average of Utah the cost of living index in Bountiful, UT is 107, which is 6% higher than the average in Utah and compared to the national average it is 7% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Bountiful, UT goods and services come in at 5% higher than the average in Utah and are 1% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Bountiful is 6% higher than the Utah average.
  • The cost of living in Bountiful is 7% higher than the national average.
  • The cost of housing in Bountiful is 26% higher than the national average.
  • Utah general sales tax is 17% higher than the national average.
  • Utah state income tax is 125% higher than the national average.

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Compare Bountiful, UT Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Bountiful, UT to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Bountiful, UT, you have to earn a higher income in order to still have the same standard of living. To operate the Bountiful, UT salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$74,719$6,227$1,743$2,242
Renters$45,229$3,769$1,055$1,357
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Bountiful, UT as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Bountiful, UT homeowners, is $74,719. This would allow for a maximum of $1,743 per month to be spent on housing costs. For renters, the median monthly income is $45,229 which would result in a maximum of $1,055 to be spent on rental costs.

Utah Sales Tax

StateGeneral Sales TaxWith Max Surtax
Utah5.95%8.35%

Utah Income Tax

StateIncome Tax (Low)Income Tax (High)
Utah5%5%
The Utah sales tax and Utah income tax rates should definitely be considered when determining the overall cost of living in Bountiful, UT. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Utah sales tax is 5.95% and the maximum surtax is 8.35%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Utah income tax rates range from 5% to 5%.

Goods & Services

ItemBountifulNational avg.Difference
Haircut $15.25$14.594.5%
Beauty Salon $38.75$34.6811.7%
Toothpaste $2.32$2.476.2%
Shampoo $0.94$1.028.0%
Movie $7.44$9.8724.6%
Bowling $3.99$4.399.1%

Groceries

ItemBountifulNational avg.Difference
Ground Beef $3.77$4.4815.8%
Fried Chicken $1.05$1.4628.3%
Milk $2.09$2.3611.3%
Potatoes $1.75$3.0642.8%
Pizza $8.99$9.242.7%
Beer $7.99$8.637.4%

Health Care

ItemBountifulNational avg.Difference
Optometrist $87.75$99.7812.1%
Doctor $94.00$105.0310.5%
Dentist $82.00$88.707.6%
Ibuprofen $8.24$9.4112.5%
Lipitor $279.10$298.506.5%

Housing

ItemBountifulNational avg.Difference
Home Price $243,700.00$175,700.0038.7%
Avg. Mortgage Payment $1,027.66$1,081.034.9%
Apartment Rent $894.00$920.002.8%

Transportation

ItemBountifulNational avg.Difference
Gasoline $2.13$2.091.9%
Tire Balancing $53.81$45.2918.8%

Utilities

ItemBountifulNational avg.Difference
All Electricity$145.09$170.8015.1%
Phone $29.99$28.266.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Magna, UT28,18296-4%
South Salt Lake, UT24,31597-3%
West Valley City, UT132,32998-2%
Taylorsville, UT59,9201000%
Layton, UT69,5081022%
Bountiful, UT42,9471077%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Danville, CA42,891204104%
Fond du Lac, WI43,00794-6%
North Miami Beach, FL43,0281011%
Lompoc, CA43,04511111%
Moline, IL43,08790-10%
Bountiful, UT42,9471077%
Source: The Bountiful, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.