Washington Terrace 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.
IndexWashington TerraceUtahNational
Cost of living index92101100
IndexWashington TerraceUtahNational
Goods & Services index10196100
Groceries index9596100
Health care index9189100
Housing index77113100
Transportation index106102100
Utilities index9490100
Displayed above is a general overview of the Washington Terrace, UT cost of living index. The overall cost of living index in Washington Terrace, UT is 92, which is 8% lower than the Utah average and 8% 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 Washington Terrace, UT are 5% higher than the Utah average and 1% higher than the national average.

Did you know?

  • The cost of living in Washington Terrace is 8% lower than the Utah average.
  • The cost of living in Washington Terrace is 8% lower than the national average.
  • The cost of housing in Washington Terrace is 23% lower 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 Washington Terrace, 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 Washington Terrace, 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 Washington Terrace, UT, you have to earn a higher income in order to still have the same standard of living. To operate the Washington Terrace, 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$58,987$4,916$1,376$1,770
Renters$25,032$2,086$584$751
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 Washington Terrace, 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. Washington Terrace, UT has a median income of about $58,987 for people who own homes. Based on that number, a person should spend a maximum of $1,376 on expenses related to housing. Renters have a slightly different median income, which is $25,032. Based on this average, renters should spend no more than $584 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Utah Sales Tax

StateGeneral Sales TaxWith Max Surtax
Utah5.95%8.35%

Utah Income Tax

StateIncome Tax (Low)Income Tax (High)
Utah5%5%
When considering the overall cost of living expenses in Washington Terrace, UT, it's important to take into account the sales tax for Utah, as well as the rate for income tax in Utah. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Utah is 8.35%, and the sales tax in the state of Utah is 5.95%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Utah starts from 5% and goes up to 5%.

Goods & Services

ItemWashington TerraceNational 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

ItemWashington TerraceNational 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

ItemWashington TerraceNational 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

ItemWashington TerraceNational avg.Difference
Home Price $139,100.00$175,700.0020.8%
Avg. Mortgage Payment $1,027.66$1,081.034.9%
Apartment Rent $671.00$920.0027.1%

Transportation

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

Utilities

ItemWashington TerraceNational 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.
Sunset, UT5,14592-8%
Ogden, UT83,76792-8%
Clearfield, UT30,36196-4%
Riverdale, UT8,53297-3%
Roy, UT37,47297-3%
Washington Terrace, UT9,14092-8%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Frankfort Square, IL9,1431077%
Laurens, SC9,13688-12%
Grinnell, IA9,13687-13%
The Village, OK9,14786-14%
Economy, PA9,13399-1%
Washington Terrace, UT9,14092-8%
Source: The Washington Terrace, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.