West Bountiful 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.
IndexWest BountifulUtahNational
Cost of living index106103100
IndexWest BountifulUtahNational
Goods & Services index10098100
Groceries index10399100
Health care index10493100
Housing index120114100
Transportation index108104100
Utilities index9093100
An overview of the general cost of living index for West Bountiful, UT is displayed above for your reference. Residents in West Bountiful, UT enjoy a cost of living index of 106. This index is 3% higher than the Utah average, and 6% higher than 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 West Bountiful, UT, the average cost of goods and services is 2% higher than it is in Utah, and it is equal to the national average.
How would you rate the cost of living in West Bountiful?
Write a review to give others more information about this area.
Is the cost of living increasing or decreasing in West Bountiful?
Write a review to give others more information about this area.

Did you know?

  • The cost of living in West Bountiful is 3% higher than the Utah average.
  • The cost of living in West Bountiful is 6% higher than the national average.
  • The cost of housing in West Bountiful is 20% 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 West Bountiful, UT Cost of living To Other Cities

      vs

      Salary Calculator

      This is how much you would need to earn in
      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 income in West Bountiful, UT to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of West Bountiful, UT, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the West Bountiful, UT salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$87,024$7,252$2,030$2,611
      Renters$82,868$6,906$1,933$2,486
      One can approximate the cost of living and the housing affordability in West Bountiful, UT by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in West Bountiful, UT have a median income of $87,024. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,030 per month to avoid calamity and poverty. The renters in the city have an income of about $82,868, which would make their monthly maximum allowable rental costs $1,933.

      Utah Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Utah5.95%8.35%

      Utah Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Utah5%5%
      For those who live in West Bountiful, UT and want to know what the true cost of living is, they ought to look at both the Utah income tax rate and the Utah sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Utah, the sales tax is 5.95%, while the most you'll pay in surtax is 8.35%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Utah, the income tax rate ranges between 5% to 5%.

      Goods & Services

      ItemWest BountifulNational avg.Difference
      Haircut $15.00$17.4914.2%
      Beauty Salon $40.60$38.176.4%
      Toothpaste $2.47$2.326.4%
      Shampoo $1.02$1.010.8%
      Movie $10.28$10.724.1%
      Bowling $18.33$13.8632.2%

      Groceries

      ItemWest BountifulNational avg.Difference
      Ground Beef $4.26$3.909.2%
      Fried Chicken $2.51$1.4079.8%
      Milk $1.55$1.9621.0%
      Potatoes $3.33$3.184.6%
      Pizza $10.99$10.395.7%
      Beer $8.30$9.2310.1%

      Health Care

      ItemWest BountifulNational avg.Difference
      Optometrist $94.00$106.3411.6%
      Doctor $115.75$115.250.4%
      Dentist $107.17$98.388.9%
      Ibuprofen $10.11$9.269.2%
      Lipitor $488.70$466.474.8%

      Housing

      ItemWest BountifulNational avg.Difference
      Home Price $245,600.00$184,700.0033.0%
      Avg. Mortgage Payment $1,319.92$1,273.323.7%
      Apartment Rent $844.00$949.0011.1%

      Transportation

      ItemWest BountifulNational avg.Difference
      Gasoline $2.77$2.596.9%
      Tire Balancing $55.95$48.9014.4%

      Utilities

      ItemWest BountifulNational avg.Difference
      All Electricity$133.74$167.6020.2%
      Phone $184.96$163.4213.2%
      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.
      Clearfield, UT30,48394-6%
      Magna, UT27,55397-3%
      South Salt Lake, UT24,57598-2%
      West Valley City, UT134,60999-1%
      Layton, UT72,4131000%
      West Bountiful, UT5,4361066%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Brewton, AL5,43586-14%
      Old Bethpage, NY5,43917575%
      Terryville, CT5,43111212%
      Clarinda, IA5,43179-21%
      Salida, CO5,4301077%
      West Bountiful, UT5,4361066%
      Source: The West Bountiful, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.