Cost of Living in Henrieville, UT
Population: 292 | Utah
Henrieville is 38% less expensive than the national average.
Cost of Living in Henrieville, UT: What You Need to Know
With a cost of living index of 62, Henrieville, UT is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 46% below the Utah state average of 108. Henrieville is a small community of 292 residents.
Housing costs are the biggest factor in Henrieville's cost of living. The median monthly rent is $444 (66% below the US median of $1,319), and the median home value sits at $177,700 (42% below the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.
The median household income in Henrieville is $39,583, which is 47% lower than the national median of $75,149. Residents spend roughly 13% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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
- $39,583
- vs US Median ($75,149)
- -47%
Housing
- Median Rent
- $444/mo
- Median Home Value
- $177,700
- Median Monthly Housing Cost
- $536/mo