Cost of Living in Joseph, UT

With a cost of living index of 85, Joseph, UT is a very affordable place to live. Living here is 15% cheaper than the national average and 23% below the Utah state average of 108. Joseph is a small community of 546 residents.

Housing costs are the biggest factor in Joseph's cost of living. The median monthly rent is $1,036 (21% below the US median of $1,319), and the median home value sits at $242,400 (20% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.

The median household income in Joseph is $80,000, which is 6% 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.