Beaver, UT vs Hyrum, UT
Beaver, UT and Hyrum, UT have a very similar cost of living, with only a 1.9% difference in their overall index. Beaver scores 91 while Hyrum scores 93 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Beaver is $1,101/month compared to $980/month in Hyrum — a 12% difference. Interestingly, home values tell a different story: while Hyrum has cheaper rent, Beaver actually has lower median home values ($295,700 vs $371,500).
Median household income in Beaver is $82,625 compared to $85,557 in Hyrum (-3.4%). While Hyrum is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beaver spend roughly 16% of their income on rent, more than the 13.7% in Hyrum.
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