Cost of Living in Central Valley, UT

With a cost of living index of 96, Central Valley, UT is slightly more affordable than average. Living here is 4% cheaper than the national average and 12% below the Utah state average of 108. Central Valley is a small community of 686 residents.

Housing costs are the biggest factor in Central Valley's cost of living. The median monthly rent is $1,107 (16% below the US median of $1,319), and the median home value sits at $352,900 (16% above the national median of $304,900). At current prices, the median home costs roughly 3.9x the median household income — a moderately affordable ratio by today's standards.

The median household income in Central Valley is $89,583, which is 19% higher than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.