Cost of Living in Carbonville, UT
Population: 1,410 | Utah
Carbonville is 18% less expensive than the national average.
Cost of Living in Carbonville, UT: What You Need to Know
With a cost of living index of 82, Carbonville, UT is a very affordable place to live. Living here is 18% cheaper than the national average and 26% below the Utah state average of 108. Carbonville is a small community of 1,410 residents.
Housing costs are the biggest factor in Carbonville's cost of living. The median monthly rent is $1,025 (22% below the US median of $1,319), and the median home value sits at $208,500 (32% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.
The median household income in Carbonville is $64,405, which is 14% lower than the national median of $75,149. Residents spend roughly 19% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $64,405
- vs US Median ($75,149)
- -14%
Housing
- Median Rent
- $1,025/mo
- Median Home Value
- $208,500
- Median Monthly Housing Cost
- $1,007/mo