Cost of Living in Kanarraville, UT

With a cost of living index of 83, Kanarraville, UT is a very affordable place to live. Living here is 17% cheaper than the national average and 24% below the Utah state average of 108. Kanarraville is a small community of 304 residents.

Housing costs are the biggest factor in Kanarraville's cost of living. The median monthly rent is $605 (54% below the US median of $1,319), and the median home value sits at $383,300 (26% above the national median of $304,900). At current prices, the median home costs roughly 5.2x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Kanarraville is $73,750, which is 2% lower than the national median of $75,149. Residents spend roughly 10% 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.