Cost of Living in Daniel, UT

With a cost of living index of 135, Daniel, UT is a notably expensive place to live. Living here is 35% more expensive than the national average and 28% above the Utah state average of 108. Daniel is a small community of 956 residents.

Housing costs are the biggest factor in Daniel's cost of living. The median monthly rent is $1,375 (4% above the US median of $1,319), and the median home value sits at $730,200 (139% above the national median of $304,900). At current prices, the median home costs roughly 6.4x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Daniel is $113,438, which is 51% 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. 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.