Cost of Living in Enterprise, UT
Population: 1,543 | Utah
Enterprise is 2% less expensive than the national average.
Cost of Living in Enterprise, UT: What You Need to Know
With a cost of living index of 98, Enterprise, UT is right around the national average in cost. Living here is 2% cheaper than the national average and 9% below the Utah state average of 108. Enterprise is a small community of 1,543 residents.
Housing costs are the biggest factor in Enterprise's cost of living. The median monthly rent is $1,283 (3% below the US median of $1,319), and the median home value sits at $311,700 (2% above the national median of $304,900). At current prices, the median home costs roughly 4.3x the median household income — a moderately affordable ratio by today's standards.
The median household income in Enterprise is $72,407, which is 4% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Everyday prices in the St. George, UT (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $72,407
- vs US Median ($75,149)
- -4%
Housing
- Median Rent
- $1,283/mo
- Median Home Value
- $311,700
- Median Monthly Housing Cost
- $961/mo
Everyday Prices in Enterprise
BLS Average Prices for the St. George, UT (Metropolitan Statistical Area) area