Cost of Living in Corinne, UT
Population: 836 | Utah
Corinne is 6% less expensive than the national average.
Cost of Living in Corinne, UT: What You Need to Know
With a cost of living index of 94, Corinne, UT is slightly more affordable than average. Living here is 6% cheaper than the national average and 13% below the Utah state average of 108. Corinne is a small community of 836 residents.
Housing costs are the biggest factor in Corinne's cost of living. The median monthly rent is $1,000 (24% below the US median of $1,319), and the median home value sits at $370,800 (22% above the national median of $304,900). At current prices, the median home costs roughly 5x the median household income — a stretch for many buyers, though not uncommon in today's market.
The median household income in Corinne is $74,844, which is 0% higher than the national median of $75,149. Residents spend roughly 16% 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
- $74,844
- vs US Median ($75,149)
- +-0%
Housing
- Median Rent
- $1,000/mo
- Median Home Value
- $370,800
- Median Monthly Housing Cost
- $1,265/mo