Woods Cross 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.
IndexWoods CrossUtahNational
Cost of living index105103100
IndexWoods CrossUtahNational
Goods & Services index10098100
Groceries index10399100
Health care index10493100
Housing index116114100
Transportation index108104100
Utilities index9093100
The above illustration supplies generalized information for the Woods Cross, UT cost of living index. Compared to other cities in Utah and cities across the country, the cost of living index in Woods Cross, UT is 105, which is 2% higher than the Utah average and 5% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Woods Cross, UT are 2% higher than the average for Utah and equal to the rest of the country.
How would you rate the cost of living in Woods Cross?
Write a review to give others more information about this area.
Is the cost of living increasing or decreasing in Woods Cross?
Write a review to give others more information about this area.
See all Woods Cross poll results

Did you know?

  • The cost of living in Woods Cross is 2% higher than the Utah average.
  • The cost of living in Woods Cross is 5% higher than the national average.
  • The cost of housing in Woods Cross is 16% higher than the national average.
  • Utah general sales tax is 17% higher than the national average.
  • Utah state income tax is 123% higher than the national average.

Compare Woods Cross, 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
      The salary calculator is used in order to provide a comparison of your current salary in Woods Cross, UT to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Woods Cross, UT, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Woods Cross, UT salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$83,698$6,975$1,953$2,511
      Renters$45,574$3,798$1,063$1,367
      A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Woods Cross, UT, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Woods Cross, UT has a median income of about $83,698 for people who own homes. Based on that number, a person should spend a maximum of $1,953 on expenses related to housing. Renters have a slightly different median income, which is $45,574. Based on this average, renters should spend no more than $1,063 on all of their rental costs if they want to maintain a non-impoverished standard of living.

      Utah Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Utah5.95%8.35%

      Utah Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Utah4.95%4.95%
      One thing to keep in mind when considering the cost of living in Woods Cross, UT is the Utah sales tax and Utah income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Utah sales tax rate is 5.95% and the maximum surtax that can be charged is 8.35%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Utah income tax rates range from 4.95% to 4.95%.

      Goods & Services

      ItemWoods CrossNational 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

      ItemWoods CrossNational 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

      ItemWoods CrossNational 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

      ItemWoods CrossNational avg.Difference
      Home Price $226,200.00$184,700.0022.5%
      Avg. Mortgage Payment $1,319.92$1,273.323.7%
      Apartment Rent $969.00$949.002.1%

      Transportation

      ItemWoods CrossNational avg.Difference
      Gasoline $2.77$2.596.9%
      Tire Balancing $55.95$48.9014.4%

      Utilities

      ItemWoods CrossNational 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.
      Magna, UT27,55397-3%
      South Salt Lake, UT24,57598-2%
      West Valley City, UT134,60999-1%
      Taylorsville, UT60,4481011%
      Layton, UT72,4131000%
      Woods Cross, UT10,9301055%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Vidor, TX10,92885-15%
      Manchester, VA10,92798-2%
      Rossmoor, CA10,93319696%
      Gardere, LA10,92696-4%
      Broomall, PA10,93512424%
      Woods Cross, UT10,9301055%
      Source: The Woods Cross, UT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.