Herriman 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.
IndexHerrimanUtahNational
Cost of living index115101100
IndexHerrimanUtahNational
Goods & Services index10196100
Groceries index9596100
Health care index9189100
Housing index153113100
Transportation index106102100
Utilities index9490100
A general overview of the cost of living index for Herriman, UT is displayed above. In Herriman, UT, the overall cost of living index is 115, which is 14% higher than the Utah average and 15% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Herriman, UT, the city's goods and services are 5% higher than the Utah average and 1% higher than the U.S. average.

Did you know?

  • The cost of living in Herriman is 14% higher than the Utah average.
  • The cost of living in Herriman is 15% higher than the national average.
  • The cost of housing in Herriman is 53% 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 Herriman, UT Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
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Groceries index
Health care index
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Transportation index
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Using the salary calculator lets you compare the salary you earn in Herriman, 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 Herriman, UT, you have to earn a higher income in order to still have the same standard of living. To operate the Herriman, 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$88,559$7,380$2,066$2,657
Renters$55,994$4,666$1,306$1,680
If you want to find a good determining factor for the cost of living and the general affordability of housing in Herriman, UT, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Herriman, UT, the median monthly income is $88,559 for those who own their own homes. Under the standard rule, that income level would allow for $2,066 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $55,994, per the median income in the area. That would allow for renters to spend up to $1,306 on monthly rental expenses.

Utah Sales Tax

StateGeneral Sales TaxWith Max Surtax
Utah5.95%8.35%

Utah Income Tax

StateIncome Tax (Low)Income Tax (High)
Utah5%5%
When you are determining the total cost of living in Herriman, UT you will want to make sure you consider both the Utah sales tax and the Utah income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Utah is 5.95%, with the highest surtax being 8.35%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Utah have a range from 5% to 5%.

Goods & Services

ItemHerrimanNational 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

ItemHerrimanNational 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

ItemHerrimanNational 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

ItemHerrimanNational avg.Difference
Home Price $285,900.00$175,700.0062.7%
Avg. Mortgage Payment $1,027.66$1,081.034.9%
Apartment Rent $1,209.00$920.0031.4%

Transportation

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

Utilities

ItemHerrimanNational 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%
Ophir, UT11197-3%
Tooele, UT32,16497-3%
Copperton, UT55197-3%
Herriman, UT25,02211515%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Paris, TX25,02378-22%
Pasadena, MD25,03011616%
Hastings, NE25,03085-15%
Paducah, KY25,04684-16%
Inkster, MI25,05681-19%
Herriman, UT25,02211515%
Source: The Herriman, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.