Beaver, UT vs Ferron, UT
There is a significant gap in the cost of living between these two cities. Ferron is 27.3% cheaper than Beaver. With a cost index of 72 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ferron to Beaver should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beaver is $1,101/month compared to $679/month in Ferron — a 62% difference. Home values follow the same pattern: Ferron is more affordable at $213,300 median vs $295,700.
Median household income in Beaver is $82,625 compared to $68,324 in Ferron (+20.9%). The higher salaries in Beaver partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Beaver spend roughly 16% of their income on rent, more than the 11.9% in Ferron.
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