Cost of Living in Coalville, UT

With a cost of living index of 110, Coalville, UT is somewhat more expensive than average. Living here is 10% more expensive than the national average and 3% above the Utah state average of 108. Coalville is a small community of 1,915 residents.

Housing costs are the biggest factor in Coalville's cost of living. The median monthly rent is $1,301 (1% below the US median of $1,319), and the median home value sits at $455,000 (49% above the national median of $304,900). At current prices, the median home costs roughly 5.3x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Coalville is $85,921, which is 14% higher than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they more than offset the higher cost of living.

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.