Santaquin 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.
IndexSantaquinUtahNational
Cost of living index100103100
IndexSantaquinUtahNational
Goods & Services index10098100
Groceries index9499100
Health care index9293100
Housing index107114100
Transportation index100104100
Utilities index8693100
An overview of the general cost of living index for Santaquin, UT is displayed above for your reference. Residents in Santaquin, UT enjoy a cost of living index of 100. This index is 3% lower than the Utah average, and equal to the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Santaquin, UT, the average cost of goods and services is 2% higher than it is in Utah, and it is equal to the national average.
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Did you know?

  • The cost of living in Santaquin is 3% lower than the Utah average.
  • The cost of living in Santaquin is equal to the national average.
  • The cost of housing in Santaquin is 7% 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.

Compare Santaquin, UT Cost of living To Other Cities

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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 Santaquin, 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 Santaquin, UT, then you would need to earn more income in order to maintain the same standard of living. To use the Santaquin, 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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$67,282$5,607$1,570$2,019
      Renters$46,927$3,911$1,095$1,408
      How much of your monthly income goes to housing can tell you whether or not you can afford housing in Santaquin, UT, as well as what the average cost of living is. 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 payment and not more than 36 percent of income on all expenses and debts. In Santaquin, UT homeowners have a median income of $67,282. Using that number, you will come up with a maximum of $1,570 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $46,927, which means there is a maximum of $1,095 to be spent on the costs of renting a home or apartment.

      Utah Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Utah5.95%8.35%

      Utah Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Utah5%5%
      When assessing the complete cost of living in Santaquin, UT, the Utah income tax and the Utah sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Utah maximum surtax is 8.35%, and the Utah sales tax is 5.95%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 5% to 5% in Utah.

      Goods & Services

      ItemSantaquinNational avg.Difference
      Haircut $19.00$17.498.6%
      Beauty Salon $35.00$38.178.3%
      Toothpaste $2.08$2.3210.4%
      Shampoo $0.91$1.0110.1%
      Movie $10.48$10.722.3%
      Bowling $18.33$13.8632.2%

      Groceries

      ItemSantaquinNational avg.Difference
      Ground Beef $3.48$3.9010.8%
      Fried Chicken $1.72$1.4023.2%
      Milk $1.46$1.9625.6%
      Potatoes $1.99$3.1837.5%
      Pizza $10.99$10.395.7%
      Beer $8.52$9.237.7%

      Health Care

      ItemSantaquinNational avg.Difference
      Optometrist $82.67$106.3422.3%
      Doctor $104.82$115.259.1%
      Dentist $88.33$98.3810.2%
      Ibuprofen $10.00$9.268.0%
      Lipitor $449.90$466.473.6%

      Housing

      ItemSantaquinNational avg.Difference
      Home Price $199,500.00$184,700.008.0%
      Avg. Mortgage Payment $1,208.84$1,273.325.1%
      Apartment Rent $986.00$949.003.9%

      Transportation

      ItemSantaquinNational avg.Difference
      Gasoline $2.81$2.598.3%
      Tire Balancing $43.96$48.9010.1%

      Utilities

      ItemSantaquinNational avg.Difference
      All Electricity$124.36$167.6025.8%
      Phone $184.38$163.4212.8%
      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.
      Goshen, UT86990-10%
      Elberta, UT18894-6%
      Rocky Ridge, UT1,20096-4%
      Payson, UT19,48097-3%
      Springville, UT31,7961000%
      Santaquin, UT10,3721000%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Minneola, FL10,37194-6%
      Warr Acres, OK10,37484-16%
      Sandy, OR10,36911717%
      Bluefield, WV10,36678-22%
      Madera Acres, CA10,3661055%
      Santaquin, UT10,3721000%
      Source: The Santaquin, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.