Cost Of Living in Nephi, UT

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	Nephi	Utah	National
Cost of living	107	104	100
Goods & Services	102	102	100
Groceries	98	99	100
Health care	96	91	100
Housing	122	114	100
Transportation	107	105	100
Utilities	91	95	100

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Cost Of Living Quick Facts

The cost of living in Nephi is 2% higher than the Utah average
The cost of living in Nephi is 7% higher than the national average
Nephi housing is 22% 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

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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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$77,653	$6,471	$1,812	$2,330
Renters	$41,591	$3,466	$970	$1,248

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Nephi, UT, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Nephi homeowners, is $77,653. This would allow for a maximum of $1,812 per month to be spent on housing costs. For renters, the median monthly income is $41,591 which would result in a maximum of $970 to be spent on rental costs.

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	Nephi	National avg.	Difference
Haircut	$20.85	$24.26	14.1%
Beauty Salon	$48.42	$45.56	6.3%
Toothpaste	$3.58	$3.70	3.4%
Shampoo	$1.18	$1.28	7.6%
Movie	$12.31	$12.13	1.5%
Bowling	$20.93	$18.00	16.3%

Groceries

Item	Nephi	National avg.	Difference
Ground Beef	$5.79	$5.84	0.9%
Fried Chicken	$1.39	$1.57	11.9%
Milk	$4.62	$4.67	1.2%
Potatoes	$4.61	$4.93	6.6%
Pizza	$12.02	$12.09	0.5%
Beer	$10.69	$10.41	2.6%

Health Care

Item	Nephi	National avg.	Difference
Optometrist	$119.08	$125.68	5.3%
Doctor	$128.07	$135.78	5.7%
Dentist	$99.10	$113.29	12.5%
Ibuprofen	$10.51	$10.65	1.3%
Lipitor	$546.75	$468.60	16.7%

Housing

Item	Nephi	National avg.	Difference
Home Price	$254,200.00	$184,700.00	37.6%
Avg. Mortgage Payment	$2,790.73	$2,346.69	18.9%
Apartment Rent	$808.00	$949.00	14.9%

Transportation

Item	Nephi	National avg.	Difference
Gasoline	$3.58	$3.46	3.4%
Tire Balancing	$69.63	$59.92	16.2%

Utilities

Item	Nephi	National avg.	Difference
All Electricity	$165.50	$193.99	14.7%
Phone	$192.69	$192.25	0.2%

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.
Moroni, UT	1,405	95	5.4%
Fountain Green, UT	1,140	97	3.4%
Levan, UT	878	100	0.2%
Rocky Ridge, UT	1,069	104	3.8%
Mona, UT	1,699	114	13.7%
Nephi, UT	6,168	107	6.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Dacono, CO	6,167	119	19.1%
Delano, MN	6,167	105	4.8%
Union Gap, WA	6,167	95	4.8%
Travis Ranch, TX	6,164	119	18.7%
East Aurora, NY	6,172	103	2.7%
Nephi, UT	6,168	107	6.5%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Nephi, UT