Cost of Living in Minersville, UT

With a cost of living index of 82, Minersville, UT is a very affordable place to live. Living here is 18% cheaper than the national average and 26% below the Utah state average of 108. Minersville is a small community of 901 residents.

Housing costs are the biggest factor in Minersville's cost of living. The median monthly rent is $975 (26% below the US median of $1,319), and the median home value sits at $229,600 (25% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.

The median household income in Minersville is $89,000, which is 18% higher 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.

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.