Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Located in the state of Utah, Price is a small-sized city with a population of 8,303 inhabitants. According to the most recent Census, 89% of Price residents are White, 1% Black and 1% American Indian and Alaskan. Not a fan of sitting in traffic during your commute to work? Price offers shorter work commutes, with an average one-way commute time taking only 13 minutes, far lower than the national average of 26 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Price could be a positive experience compared to other cities in Utah if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like crime, cost of living, education and other key data points, finding the best places to live in Price and in the areas around Price is a much easier task.
The livability score in Price is 66 out of 100 and the city is ranked in the 65th percentile of all cities across America. If we examine each of the categories on their own, we see that Price ranks well for crime (B-), cost of living (A+) and housing (B+). There is at least one category that did not score well in Price. The following was graded with a discouraging score: amenities (F) and employment (F).
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Price excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Price is actually affordable. The median home price for Price homes is $144,300, which is 35.8% lower than the Utah average. If we take a closer look at the affordability of homes in Price, we’ll see that the home price to income ratio is 3.4, which is 5.6% lower than the Utah average.
| Statistic | Price | Utah | National |
| Average one way commute | 13min | 22min | 26min |
| Workers who drive to work | 79.6% | 75.9% | 76.4% |
| Workers who carpool | 10.9% | 11.6% | 9.3% |
| Workers who take public transit | 0.9% | 2.6% | 5.1% |
| Workers who bicycle | 0.4% | 0.8% | 0.6% |
| Workers who walk | 6.0% | 2.6% | 2.8% |
| Working from home | 2.2% | 5.4% | 4.6% |
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