Cost of Living in Moroni, UT
Population: 1,238 | Utah
Moroni is 19% less expensive than the national average.
Cost of Living in Moroni, UT: What You Need to Know
With a cost of living index of 81, Moroni, UT is a very affordable place to live. Living here is 19% cheaper than the national average and 27% below the Utah state average of 108. Moroni is a small community of 1,238 residents.
Housing costs are the biggest factor in Moroni's cost of living. The median monthly rent is $862 (35% below the US median of $1,319), and the median home value sits at $254,300 (17% below the national median of $304,900). At current prices, the median home costs roughly 3.6x the median household income — a moderately affordable ratio by today's standards.
The median household income in Moroni is $71,500, which is 5% lower than the national median of $75,149. Residents spend roughly 14% 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.
Income
- Median Household Income
- $71,500
- vs US Median ($75,149)
- -5%
Housing
- Median Rent
- $862/mo
- Median Home Value
- $254,300
- Median Monthly Housing Cost
- $931/mo