Housing costs in Nephi?
A typical home costs
$404,600, which is 19.7% more expensive than the national average of
$338,100 and 20.8% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Nephi costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 36.2% cheaper than the state average of
$1,280.
Can I afford Nephi?
To live comfortably in Nephi, Utah, a minimum annual income of
$77,400 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Nephi?
The cost of living in Nephi, UT is very affordable compared to other areas. The median home value is just over $111,000 which is significantly lower than the national average. This makes it an ideal location for those looking to purchase a home in a more rural area without breaking the bank. Additionally, utility and transportation costs are below the national average, making day-to-day expenses more manageable. With its low cost of living and access to outdoor activities such as fishing and hiking, Nephi provides an ideal place for anyone looking for a new home.