Draper, UT Cost Of Living
Cost Of Living In Draper, UT Summary
Cost of living in Draper research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Draper is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Utah, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Draper is 127, with 100 being the average.
The cost of living index in Draper is 1.3x higher than the national average.
Draper ranks as the #85 cheapest in Utah out of 91.
Draper ranks as the #5,140 cheapest out of 6,412 in the US.
The median home value in Draper is $569,700.
The median income in Draper is $116,977.
Table Of Contents
Draper's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Draper, UT?
According to the most recent data on the cost of living, Draper has an overall cost of living index of 127, which is 1.3x higher than the national index of 100.
Compared to Utah, Draper has a cost of living index that's 1.2x higher than Utah's index of 102.
The standard of living in Draper ranks as #85 most affordable out of the 91 places we measured in Utah. By definition, that implies Draper ranks as the #6 most expensive place in the Beehive State.
For more reading on life in Draper, check out:
- Living In Draper
- Draper Crime Report
- Search Homes For Sale In Draper, UT
In Utah
In America
Draper Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Draper. Here is how it fairs on each of the criteria:
The Services index in Draper is 102.
The Groceries index in Draper is 99.
The Health index in Draper is 101.
The Housing index in Draper is 192.
The Transportation index in Draper is 111.
The Utilities index in Draper is 88.
| Living Expense | Draper | Utah | National Average | |
|---|---|---|---|---|
| Overall | 127 | 102 | 100 | |
| Services | 102 | 101 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 101 | 90 | 100 | |
| Housing | 192 | 109 | 100 | |
| Transportation | 111 | 105 | 100 | |
| Utilities | 88 | 93 | 100 | |
Draper, UT Housing Cost Breakdown
Housing swings affordability the most between places in Utah, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Draper is $569,700.
The Median Rent in Draper is $1,501.
The Median Income in Draper is $116,977.
The Home Value To Income in Draper is 4.9x.
The Rent To Monthly Income in Draper is 0.15x.
| Statistic | Draper | Utah | United States |
|---|---|---|---|
| Median Home Value | $569,700 | $339,700 | $244,900 |
| Median Rent | $1,501 | $1,171 | $1,163 |
| Median Income | $116,977 | $79,133 | $69,021 |
| Home Value To Income | 4.9x | 4.3x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Draper, UT Costs By Category
Detailed Draper Services Costs Vs. Utah
Detailed Draper Groceries Costs Vs. Utah
Detailed Draper Health Costs Vs. Utah
Detailed Draper Transportation Costs Vs. Utah
Detailed Draper Utilities Costs Vs. Utah
Draper SnackAbility
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Cost Of Living In Cities Around Draper
The cost of living varies in the cities and towns around Draper. Here's a quick look at the cost of living in the most populous nearby places:
Sandy, UT has a cost of living index of 113, 0.9x Draper.
South Jordan, UT has a cost of living index of 124, 1.0x Draper.
Lehi, UT has a cost of living index of 112, 0.9x Draper.
| City | Population | Cost Of Living | Vs. Draper |
|---|---|---|---|
| Sandy, UT | 96,272 | 113 | 0.9x |
| South Jordan, UT | 75,617 | 124 | 1.0x |
| Lehi, UT | 73,911 | 112 | 0.9x |
| Herriman, UT | 52,860 | 117 | 0.9x |
| Riverton, UT | 44,773 | 115 | 0.9x |
| Cottonwood Heights, UT | 33,597 | 120 | 0.9x |
| Holladay, UT | 31,738 | 122 | 1.0x |
| Highland, UT | 18,913 | 134 | 1.1x |
| Bluffdale, UT | 16,576 | 125 | 1.0x |
| Alpine, UT | 10,209 | 135 | 1.1x |
