| Index | Cottonwood Heights | Utah | National |
| Cost of living | 130 | 105 | 100 |
| Groceries | 100 | 101 | 100 |
| Health care | 101 | 101 | 100 |
| Housing | 198 | 113 | 100 |
| Transportation | 99 | 101 | 100 |
| Utilities | 101 | 101 | 100 |
| Lifestyle & Entertainment | 105 | 102 | 100 |
| Household Items | 99 | 102 | 100 |
| Education & Childcare | 103 | 105 | 100 |
The cost of living in Cottonwood Heights affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Cottonwood Heights is 130, which is 30% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
If you value affordability in your search for a new place to live, Cottonwood Heights may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Cottonwood Heights falls into this category, which may not align with your desire for an affordable place to call home.
Housing costs significantly influence the Cottonwood Heights cost of living index, typically accounting for a substantial portion of one's post-tax income. Regrettably, within this particular region, expenses related to both residential ownership and renting exceeded those observed in an average city by 98.4%. This entails elements such as housing and rental prices, mortgage interest rates and insurance costs.
Is Cottonwood Heights affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Cottonwood Heights, for instance, where the median home price falls 126.4% higher than the national average, and monthly rent rates are 33.2% higher than usual. Additionally, median income levels contribute to the equation, with Cottonwood Heights flaunting a median household income of $143,366, 76.3% higher than the national norm.
Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Cottonwood Heights, the groceries index registers 0% equal to the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Cottonwood Heights, the utilities index stands at 0.9% higher than the national average.
Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.
The Cottonwood Heights cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $167,747 | $13,979 | $3,914 | $5,033 |
| Renters | $93,100 | $7,758 | $2,172 | $2,793 |
| State | General Sales Tax | With Max Surtax |
| Utah | 6.1% | 8.35% |
| State | Income Tax (Low) | Income Tax (High) |
| Utah | 4.85% | 4.85% |
| City | Population | Cost of Living Index | National Avg. |
| Magna, UT | 27,938 | 109 | 9.4% |
| Kearns, UT | 37,458 | 109 | 9.5% |
| West Valley City, UT | 140,970 | 110 | 10.3% |
| South Salt Lake, UT | 25,758 | 110 | 10.4% |
| Taylorsville, UT | 61,503 | 111 | 11.5% |
| Cottonwood Heights, UT | 34,939 | 130 | 30.1% |
| City | Population | Cost of Living Index | National Avg. |
| Glendale Heights, IL | 34,961 | 107 | 6.6% |
| Cookeville, TN | 34,916 | 94 | 6.0% |
| San Luis, AZ | 34,910 | 92 | 8.1% |
| Dana Point, CA | 34,877 | 207 | 106.9% |
| Sorel-Tracy, QC | 34,850 | n/a | |
| Cottonwood Heights, UT | 34,939 | 130 | 30.1% |
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