Cost of Living in Cleveland, UT
Population: 429 | Utah
Cleveland is 32% less expensive than the national average.
Cost of Living in Cleveland, UT: What You Need to Know
With a cost of living index of 68, Cleveland, UT is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 39% below the Utah state average of 108. Cleveland is a small community of 429 residents.
Housing costs are the biggest factor in Cleveland's cost of living. The median monthly rent is $744 (44% below the US median of $1,319), and the median home value sits at $150,000 (51% below the national median of $304,900). At current prices, the median home costs roughly 1.6x the median household income — well within traditional affordability guidelines.
The median household income in Cleveland is $92,589, which is 23% higher than the national median of $75,149. Residents spend roughly 10% 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.
Income
- Median Household Income
- $92,589
- vs US Median ($75,149)
- +23%
Housing
- Median Rent
- $744/mo
- Median Home Value
- $150,000
- Median Monthly Housing Cost
- $906/mo