A-
5%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
20%
Housing NAT. AVG.
Search Homes for Sale
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 Clearfield Utah National
Cost of living105104100
Goods & Services101102100
Groceries10199100
Health care8891100
Housing120114100
Transportation100105100
Utilities9595100

An Overview of Cost of Living in Clearfield, UT

Getting a feel for the cost of living in Clearfield is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Clearfield is 105, which is 5% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

The cost of living in Clearfield closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, goods and services, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Clearfield can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.

Is Clearfield Affordable?

Is Clearfield an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Clearfield, the median home price is 20.4% higher than what most folks pay across the country, and monthly rent prices are 17.7% higher than the usual rates. Income levels in Clearfield come in at $62,374, which is 12.7% higher than the national average.

What Factors can Influence the Cost of Living in Clearfield?

Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Clearfield, is 19.6% higher 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.

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Clearfield, the groceries index registers 0.5% higher than the national average.

Where is the Data From?

The Clearfield cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

New Real Estate Listings in Clearfield Area
Search Homes for Sale in Clearfield, UT

Cost Of Living Quick Facts

  • The cost of living in Clearfield is 1% higher than the Utah average
  • The cost of living in Clearfield is 5% higher than the national average
  • Clearfield housing is 20% 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

Most Affordable Places to Live in and Around Clearfield

See all the best places to live around Clearfield

Compare Clearfield, UT Cost of Living

      vs
      How would you rate the cost of living in Clearfield?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Clearfield?
      Write a review to give others more information about this area.
      See all Clearfield poll results

      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$74,599$6,217$1,741$2,238
      Renters$46,100$3,842$1,076$1,383
      A good indicator of the general affordability of housing in Clearfield, UT, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Clearfield, the median monthly income is $74,599 for those who own their own homes. Under the standard rule, that income level would allow for $1,741 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $46,100, per the median income in the area. That would allow for renters to spend up to $1,076 on monthly rental expenses.

      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 Clearfield National avg. Difference
      Haircut $21.35$24.2612.0%
      Beauty Salon $52.17$45.5614.5%
      Toothpaste $3.64$3.701.7%
      Shampoo $1.17$1.288.6%
      Movie $11.20$12.137.7%
      Bowling $16.97$18.005.7%

      Groceries

      Item Clearfield National avg. Difference
      Ground Beef $6.18$5.845.9%
      Fried Chicken $1.42$1.5710.0%
      Milk $4.68$4.670.2%
      Potatoes $4.61$4.936.7%
      Pizza $11.99$12.090.8%
      Beer $11.03$10.415.9%

      Health Care

      Item Clearfield National avg. Difference
      Optometrist $113.53$125.689.7%
      Doctor $125.51$135.787.6%
      Dentist $77.37$113.2931.7%
      Ibuprofen $10.71$10.650.5%
      Lipitor $532.80$468.6013.7%

      Housing

      Item Clearfield National avg. Difference
      Home Price $222,300.00$184,700.0020.4%
      Avg. Mortgage Payment $2,471.79$2,346.695.3%
      Apartment Rent $1,117.00$949.0017.7%

      Transportation

      Item Clearfield National avg. Difference
      Gasoline $3.51$3.461.4%
      Tire Balancing $58.77$59.921.9%

      Utilities

      Item Clearfield National avg. Difference
      All Electricity $176.12$193.999.2%
      Phone $192.69$192.250.2%
      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 Population Cost of Living Index National Avg.
      Sunset, UT5,309990.8%
      Ogden, UT87,1751000.1%
      Washington Terrace, UT9,1811022.2%
      Riverdale, UT8,8261054.7%
      South Ogden, UT17,0801054.9%
      Clearfield, UT31,6221055.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Laguna Hills, CA31,61318382.6%
      Alamogordo, NM31,6358713.2%
      American Fork, UT31,63611918.5%
      Bowling Green, OH31,638973.2%
      West Bend, WI31,587991.3%
      Clearfield, UT31,6221055.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.