Cost of Living in Wendover, UT
Population: 1,264 | Utah
Wendover is 31% less expensive than the national average.
Cost of Living in Wendover, UT: What You Need to Know
With a cost of living index of 69, Wendover, UT is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and 39% below the Utah state average of 108. Wendover is a small community of 1,264 residents.
Housing costs are the biggest factor in Wendover's cost of living. The median monthly rent is $688 (48% below the US median of $1,319), and the median home value sits at $166,700 (45% 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 Wendover is $45,938, which is 39% lower than the national median of $75,149. Residents spend roughly 18% 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.
Everyday prices in the Salt Lake City-Murray, UT (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $45,938
- vs US Median ($75,149)
- -39%
Housing
- Median Rent
- $688/mo
- Median Home Value
- $166,700
- Median Monthly Housing Cost
- $668/mo
Everyday Prices in Wendover
BLS Average Prices for the Salt Lake City-Murray, UT (Metropolitan Statistical Area) area