Snyderville, UT Cost Of Living

Snyderville 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.
Index	Snyderville	Utah	National
Cost of living index	153	101	100
Index	Snyderville	Utah	National
Goods & Services index	100	97	100
Groceries index	107	101	100
Health care index	99	100	100
Housing index	282	114	100
Transportation index	104	102	100
Utilities index	75	79	100

The above illustration supplies generalized information for the Snyderville, UT cost of living index. Compared to other cities in Utah and cities across the country, the cost of living index in Snyderville, UT is 153, which is 51% higher than the Utah average and 53% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Snyderville, UT are 3% higher than the average for Utah and 1% lower than the rest of the country.

Did you know?

The cost of living in Snyderville is 51% higher than the Utah average.
The cost of living in Snyderville is 53% higher than the national average.
The cost of housing in Snyderville is 182% 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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Salary Calculator

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current salary in Snyderville, UT to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Snyderville, UT, then you would need to earn more income in order to maintain the same standard of living. To use the Snyderville, UT salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$124,143	$10,345	$2,896	$3,725
Renters	$52,917	$4,410	$1,235	$1,588

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Snyderville, UT, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Snyderville, UT has a median income of about $124,143 for people who own homes. Based on that number, a person should spend a maximum of $2,896 on expenses related to housing. Renters have a slightly different median income, which is $52,917. Based on this average, renters should spend no more than $1,235 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Utah Sales Tax

State	General Sales Tax	With Max Surtax
Utah	5.95%	8.35%

Utah Income Tax

State	Income Tax (Low)	Income Tax (High)
Utah	5%	5%

When you are determining the total cost of living in Snyderville, 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

Item	Snyderville	National avg.	Difference
Haircut	$14.93	$16.09	7.2%
Beauty Salon	$31.67	$37.33	15.2%
Toothpaste	$2.79	$2.45	14.1%
Shampoo	$0.91	$1.00	9.0%
Movie	$9.58	$10.28	6.8%
Bowling	$3.49	$4.93	29.3%

Groceries

Item	Snyderville	National avg.	Difference
Ground Beef	$4.13	$3.80	8.6%
Fried Chicken	$1.50	$1.40	7.6%
Milk	$1.74	$2.01	13.2%
Potatoes	$3.52	$3.01	17.0%
Pizza	$10.09	$9.89	2.1%
Beer	$8.20	$8.90	7.8%

Health Care

Item	Snyderville	National avg.	Difference
Optometrist	$89.33	$102.16	12.6%
Doctor	$107.86	$108.36	0.5%
Dentist	$86.24	$92.53	6.8%
Ibuprofen	$9.29	$9.28	0.1%
Lipitor	$465.56	$425.82	9.3%

Housing

Item	Snyderville	National avg.	Difference
Home Price	$634,100.00	$184,700.00	243.3%
Avg. Mortgage Payment	$1,133.02	$1,202.44	5.8%
Apartment Rent	$1,325.00	$949.00	39.6%

Transportation

Item	Snyderville	National avg.	Difference
Gasoline	$2.23	$2.24	0.4%
Tire Balancing	$51.82	$46.29	11.9%

Utilities

Item	Snyderville	National avg.	Difference
All Electricity	$138.33	$165.96	16.7%
Phone	$19.00	$28.68	33.8%

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, State	Population	Cost of Living Index	National Avg.
Interlaken, UT	91	97	-3%
Coalville, UT	1,650	104	4%
Kamas, UT	2,262	104	4%
Hoytsville, UT	598	105	5%
Marion, UT	584	106	6%
Snyderville, UT	6,036	153	53%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Fair Haven, NJ	6,033	194	94%
Naval Academy, MD	6,040	146	46%
Cut Off, LA	6,032	89	-11%
Larchmont, NY	6,031	220	120%
Bensley, VA	6,031	92	-8%
Snyderville, UT	6,036	153	53%

Source: The Snyderville, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Snyderville, UT Cost of Living