| Index | Springville | Utah | National |
| Cost of living | 114 | 105 | 100 |
| Groceries | 99 | 101 | 100 |
| Health care | 101 | 101 | 100 |
| Housing | 145 | 113 | 100 |
| Transportation | 104 | 101 | 100 |
| Utilities | 98 | 101 | 100 |
| Lifestyle & Entertainment | 103 | 102 | 100 |
| Household Items | 102 | 102 | 100 |
| Education & Childcare | 99 | 105 | 100 |
Understanding the cost of living in Springville can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Springville cost of living index is 114, which is 14% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.
Housing costs are a very significant part of the Springville cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 45.2% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Is Springville 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 Springville, for instance, where the median home price falls 56% higher than the national average, and monthly rent rates are 20.2% higher than usual. Additionally, median income levels contribute to the equation, with Springville flaunting a median household income of $108,252, 33.1% higher than the national norm.
Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Springville, the groceries index is 0.7% lower than the national average.
Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.
Healthcare: Healthcare costs and insurance premiums can fluctuate greatly based on the city or state. Access to healthcare facilities, out-of-pocket expenses for doctor\’s visits, dentist costs, medication costs and specialized care costs can all impact the cost of living. In Springville, the healthcare costs are 0.9% higher than the national average.
The cost of living data for Springville shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| 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 | $121,021 | $10,085 | $2,824 | $3,631 |
| Renters | $69,575 | $5,798 | $1,623 | $2,087 |
| 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. |
| Goshen, UT | 963 | 105 | 5.2% |
| Payson, UT | 20,937 | 111 | 11.0% |
| Provo, UT | 119,883 | 114 | 13.5% |
| Santaquin, UT | 12,586 | 114 | 13.7% |
| Orem, UT | 101,229 | 115 | 15.2% |
| Springville, UT | 34,438 | 114 | 14.2% |
| City | Population | Cost of Living Index | National Avg. |
| Long Beach, NY | 34,428 | 162 | 61.7% |
| Kaneohe, HI | 34,467 | 200 | 100.1% |
| Estero, FL | 34,403 | 127 | 27.3% |
| Cedar City, UT | 34,473 | 105 | 4.8% |
| Midvale, UT | 34,477 | 115 | 14.9% |
| Springville, UT | 34,438 | 114 | 14.2% |
Here are the best places to live in Utah
These are the largest cities in Utah
These are the 10 cheapest cities in Utah
Most Dangerous Cities In The US