Vernal 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.
IndexVernalUtahNational
Cost of living index98100100
IndexVernalUtahNational
Goods & Services index9494100
Groceries index10096100
Health care index10090100
Housing index100113100
Transportation index99107100
Utilities index9485100
Displayed above is a general overview of the Vernal, UT cost of living index. The overall cost of living index in Vernal, UT is 98, which is 3% lower than the Utah average and 2% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Vernal, UT are equal to the Utah average and 6% lower than the national average.

Did you know?

  • The cost of living in Vernal is 3% lower than the Utah average.
  • The cost of living in Vernal is 2% lower than the national average.
  • The cost of housing in Vernal is equal to 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 Vernal, UT Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Vernal, UT to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Vernal, UT, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Vernal, UT salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$63,464$5,289$1,481$1,904
Renters$34,897$2,908$814$1,047
If you want to find a good determining factor for the cost of living and the general affordability of housing in Vernal, 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 Vernal, UT, the median monthly income is $63,464 for those who own their own homes. Under the standard rule, that income level would allow for $1,481 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $34,897, per the median income in the area. That would allow for renters to spend up to $814 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 Vernal, 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

ItemVernalNational avg.Difference
Haircut $15.45$15.560.7%
Beauty Salon $24.96$36.1130.9%
Toothpaste $2.55$2.473.3%
Shampoo $0.83$0.9613.5%
Movie $11.57$10.1314.2%
Bowling $5.04$4.746.5%

Groceries

ItemVernalNational avg.Difference
Ground Beef $4.55$3.9814.2%
Fried Chicken $1.16$1.4117.4%
Milk $1.83$2.0611.1%
Potatoes $1.94$2.9834.9%
Pizza $9.78$9.473.3%
Beer $7.78$8.7911.5%

Health Care

ItemVernalNational avg.Difference
Optometrist $104.98$101.043.9%
Doctor $134.73$107.4425.4%
Dentist $83.39$90.427.8%
Ibuprofen $9.06$9.282.3%
Lipitor $342.22$426.5019.8%

Housing

ItemVernalNational avg.Difference
Home Price $176,700.00$175,700.000.6%
Avg. Mortgage Payment $1,066.48$1,133.235.9%
Apartment Rent $916.00$920.000.4%

Transportation

ItemVernalNational avg.Difference
Gasoline $1.98$1.990.5%
Tire Balancing $45.54$45.760.5%

Utilities

ItemVernalNational avg.Difference
All Electricity$141.83$163.8113.4%
Phone $29.99$28.395.6%
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, StatePopulationCost of Living IndexNational Avg.
Naples, UT2,1471022%
Jensen, UT2591044%
Maeser, UT3,9631044%
Vernal, UT9,88298-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Milford, DE9,8821022%
Bloomingdale, TN9,88290-10%
Friendly, MD9,88113131%
Columbia, IL9,88999-1%
Clinton, TN9,87483-17%
Vernal, UT9,88298-2%
Source: The Vernal, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.