Cost Of Living in Erda, UT

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F

31%

Overall NAT. AVG.

6%

Goods & Services NAT. AVG.

96%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Erda	Utah	National
Cost of living	131	104	100
Goods & Services	106	102	100
Groceries	100	99	100
Health care	96	91	100
Housing	196	114	100
Transportation	110	105	100
Utilities	94	95	100

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Cost Of Living Quick Facts

The cost of living in Erda is 25% higher than the Utah average
The cost of living in Erda is 31% higher than the national average
Erda housing is 96% higher than the national average
Utah general sales tax is 20% higher than the national average
Utah state income tax is 87% 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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$130,311	$10,859	$3,040	$3,910
Renters	$82,361	$6,863	$1,922	$2,471

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Erda, UT, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Erda, homeowners have a median income of $130,311. Using that number, a maximum of $3,040 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $82,361, which means there is a maximum of $1,922 to be spent on the costs of renting a home or apartment.

Utah Sales Tax

State	General Sales Tax	With Max Surtax
Utah	6.1%	8.35%

Utah Income Tax

State	Income Tax (Low)	Income Tax (High)
Utah	4.85%	4.85%

Goods & Services

Item	Erda	National avg.	Difference
Haircut	$20.87	$24.26	14.0%
Beauty Salon	$50.33	$45.56	10.5%
Toothpaste	$3.57	$3.70	3.6%
Shampoo	$1.18	$1.28	8.1%
Movie	$9.94	$12.13	18.1%
Bowling	$19.80	$18.00	10.0%

Groceries

Item	Erda	National avg.	Difference
Ground Beef	$5.76	$5.84	1.3%
Fried Chicken	$1.51	$1.57	4.2%
Milk	$4.65	$4.67	0.4%
Potatoes	$4.60	$4.93	6.7%
Pizza	$11.69	$12.09	3.3%
Beer	$10.59	$10.41	1.7%

Health Care

Item	Erda	National avg.	Difference
Optometrist	$125.19	$125.68	0.4%
Doctor	$117.14	$135.78	13.7%
Dentist	$85.13	$113.29	24.9%
Ibuprofen	$10.89	$10.65	2.3%
Lipitor	$528.57	$468.60	12.8%

Housing

Item	Erda	National avg.	Difference
Home Price	$361,300.00	$184,700.00	95.6%
Avg. Mortgage Payment	$3,117.82	$2,346.69	32.9%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Erda	National avg.	Difference
Gasoline	$3.75	$3.46	8.3%
Tire Balancing	$57.07	$59.92	4.8%

Utilities

Item	Erda	National avg.	Difference
All Electricity	$198.43	$193.99	2.3%
Phone	$192.11	$192.25	0.1%

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	Population	Cost of Living Index	National Avg.
Tooele, UT	35,313	106	6.2%
Copperton, UT	839	107	6.6%
Stockton, UT	1,072	108	8.0%
Magna, UT	27,029	109	8.8%
Grantsville, UT	11,488	111	11.0%
Erda, UT	3,071	131	30.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Soperton, GA	3,071	80	20.1%
Tolono, IL	3,071	93	7.2%
Two Hills County No. 21, AB	3,071	n/a
Brightwaters, NY	3,070	169	69.0%
Doylestown, OH	3,070	93	6.6%
Erda, UT	3,071	131	30.9%