Cost Of Living In Snyderville, UT

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	150	100	100
Index	Snyderville	Utah	National
Goods & Services index	95	94	100
Groceries index	95	96	100
Health care index	92	90	100
Housing index	280	113	100
Transportation index	109	107	100
Utilities index	79	85	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 150, which is 50% higher than the Utah average and 50% 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 equal to the average for Utah and 6% lower than the rest of the country.

Did you know?

The cost of living in Snyderville is 50% higher than the Utah average.
The cost of living in Snyderville is 50% higher than the national average.
The cost of housing in Snyderville is 180% 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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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	$122,813	$10,234	$2,865	$3,685
Renters	$61,071	$5,089	$1,425	$1,832

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 $122,813 for people who own homes. Based on that number, a person should spend a maximum of $2,865 on expenses related to housing. Renters have a slightly different median income, which is $61,071. Based on this average, renters should spend no more than $1,425 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	$18.03	$15.56	15.8%
Beauty Salon	$32.72	$36.11	9.4%
Toothpaste	$1.89	$2.47	23.6%
Shampoo	$0.86	$0.96	11.2%
Movie	$9.44	$10.13	6.8%
Bowling	$3.62	$4.74	23.6%

Groceries

Item	Snyderville	National avg.	Difference
Ground Beef	$3.72	$3.98	6.6%
Fried Chicken	$1.22	$1.41	13.6%
Milk	$1.47	$2.06	28.8%
Potatoes	$3.31	$2.98	10.8%
Pizza	$8.94	$9.47	5.7%
Beer	$7.85	$8.79	10.7%

Health Care

Item	Snyderville	National avg.	Difference
Optometrist	$94.77	$101.04	6.2%
Doctor	$99.97	$107.44	7.0%
Dentist	$73.71	$90.42	18.5%
Ibuprofen	$9.74	$9.28	5.0%
Lipitor	$432.10	$426.50	1.3%

Housing

Item	Snyderville	National avg.	Difference
Home Price	$586,100.00	$175,700.00	233.6%
Avg. Mortgage Payment	$1,037.59	$1,133.23	8.4%
Apartment Rent	$1,435.00	$920.00	56.0%

Transportation

Item	Snyderville	National avg.	Difference
Gasoline	$2.11	$1.99	5.9%
Tire Balancing	$53.69	$45.76	17.3%

Utilities

Item	Snyderville	National avg.	Difference
All Electricity	$139.23	$163.81	15.0%
Phone	$19.99	$28.39	29.6%

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.
Hideout, UT	536	97	-3%
Kamas, UT	2,019	98	-2%
Coalville, UT	1,678	98	-2%
Francis, UT	1,212	104	4%
Heber, UT	12,434	106	6%
Snyderville, UT	5,814	150	50%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Minot AFB, ND	5,813	121	21%
Chesapeake Beach, MD	5,816	133	33%
Ware, MA	5,816	103	3%
Bridgewater, VA	5,812	100	-0%
Parkville, MO	5,811	115	15%
Snyderville, UT	5,814	150	50%

Source: The Snyderville, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Snyderville, UT Cost of Living