Saratoga Springs, UT Cost Of Living
Cost Of Living In Saratoga Springs, UT Summary
Cost of living in Saratoga Springs 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 Saratoga Springs 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 Saratoga Springs is 111, with 100 being the average.
The cost of living index in Saratoga Springs is 1.1x higher than the national average.
Saratoga Springs ranks as the #68 cheapest in Utah out of 91.
Saratoga Springs ranks as the #4,219 cheapest out of 6,412 in the US.
The median home value in Saratoga Springs is $400,900.
The median income in Saratoga Springs is $106,844.
Table Of Contents
Saratoga Springs's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Saratoga Springs, UT?
According to the most recent data on the cost of living, Saratoga Springs has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Utah, Saratoga Springs has a cost of living index that's 1.1x higher than Utah's index of 102.
The standard of living in Saratoga Springs ranks as #68 most affordable out of the 91 places we measured in Utah. By definition, that implies Saratoga Springs ranks as the #23 most expensive place in the Beehive State.
For more reading on life in Saratoga Springs, check out:
- Living In Saratoga Springs
- Saratoga Springs Crime Report
- Search Homes For Sale In Saratoga Springs, UT
In Utah
In America
Saratoga Springs Cost Of Living Vs. Utah
Six factors go into calculating the cost of living index in Saratoga Springs. Here is how it fairs on each of the criteria:
The Services index in Saratoga Springs is 101.
The Groceries index in Saratoga Springs is 98.
The Health index in Saratoga Springs is 89.
The Housing index in Saratoga Springs is 148.
The Transportation index in Saratoga Springs is 101.
The Utilities index in Saratoga Springs is 85.
| Living Expense | Saratoga Springs | Utah | National Average | |
|---|---|---|---|---|
| Overall | 111 | 102 | 100 | |
| Services | 101 | 101 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 89 | 90 | 100 | |
| Housing | 148 | 109 | 100 | |
| Transportation | 101 | 105 | 100 | |
| Utilities | 85 | 93 | 100 | |
Saratoga Springs, 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 Saratoga Springs is $400,900.
The Median Rent in Saratoga Springs is $1,680.
The Median Income in Saratoga Springs is $106,844.
The Home Value To Income in Saratoga Springs is 3.8x.
The Rent To Monthly Income in Saratoga Springs is 0.19x.
| Statistic | Saratoga Springs | Utah | United States |
|---|---|---|---|
| Median Home Value | $400,900 | $339,700 | $244,900 |
| Median Rent | $1,680 | $1,171 | $1,163 |
| Median Income | $106,844 | $79,133 | $69,021 |
| Home Value To Income | 3.8x | 4.3x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Saratoga Springs, UT Costs By Category
Detailed Saratoga Springs Services Costs Vs. Utah
| Item | Saratoga Springs | Utah |
|---|---|---|
| Shampoo | $0.98 | $1.06 |
| Movie | $10.75 | $10.68 |
| Bowling | $16.5 | $14.67 |
| Haircut | $22.53 | $18.62 |
| Beauty Salon | $36.53 | $39.05 |
Detailed Saratoga Springs Groceries Costs Vs. Utah
| Item | Saratoga Springs | Utah |
|---|---|---|
| Ground Beef | $4.28 | $4.22 |
| Fried Chicken | $1.66 | $1.39 |
| Milk | $1.5 | $2.05 |
| Potatoes | $2.95 | $3.29 |
| Pizza | $11.32 | $10.62 |
| Beer | $8.6 | $9.38 |
| Toothpaste | $2.08 | $2.34 |
Detailed Saratoga Springs Health Costs Vs. Utah
| Item | Saratoga Springs | Utah |
|---|---|---|
| Optometrist | $97.49 | $108.57 |
| Doctor | $99.81 | $116.17 |
| Dentist | $84.76 | $99.13 |
Detailed Saratoga Springs Transportation Costs Vs. Utah
| Item | Saratoga Springs | Utah |
|---|---|---|
| Gasoline | $2.39 | $2.22 |
| Tire Balancing | $42.72 | $50.07 |
Detailed Saratoga Springs Utilities Costs Vs. Utah
| Item | Saratoga Springs | Utah |
|---|---|---|
| All Electricity | $126.49 | $167.67 |
| Phone | $187.21 | $175.64 |
Saratoga Springs SnackAbility
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Cost Of Living In Cities Around Saratoga Springs
The cost of living varies in the cities and towns around Saratoga Springs. 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, 1.0x Saratoga Springs.
South Jordan, UT has a cost of living index of 124, 1.1x Saratoga Springs.
Lehi, UT has a cost of living index of 112, 1.0x Saratoga Springs.
| City | Population | Cost Of Living | Vs. Saratoga Springs |
|---|---|---|---|
| Sandy, UT | 96,272 | 113 | 1.0x |
| South Jordan, UT | 75,617 | 124 | 1.1x |
| Lehi, UT | 73,911 | 112 | 1.0x |
| Herriman, UT | 52,860 | 117 | 1.1x |
| Draper, UT | 49,978 | 127 | 1.1x |
| Riverton, UT | 44,773 | 115 | 1.0x |
| Eagle Mountain, UT | 42,905 | 108 | 1.0x |
| Pleasant Grove, UT | 37,228 | 103 | 0.9x |
| Cottonwood Heights, UT | 33,597 | 120 | 1.1x |
| American Fork, UT | 32,822 | 103 | 0.9x |
