Zip 84123 (Taylorsville, UT) Cost of Living


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How much do I need to live in Taylorsville, Utah?
$7,440 / month
for a family, 37.8% more expensive than the national average A total of $89,280 for the year for a family.
$4,200 / month
for a single person, 11.9% less expensive than the national average A total of $50,400 for the year for a single person.

Taylorsville cost of living score
121.3
More expensive
21.3% higher
than the US average
6.2% higher
than the Utah average
Taylorsville (zip 84123), Utah gets a BestPlaces Cost of Living score of 121.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.3% higher than the U.S. average and 6.2% lower than the average for Utah.

Zip 84123 (Taylorsville, UT)

Housing costs in Taylorsville?
A typical home costs $465,700, which is 37.7% more expensive than the national average of $338,100 and 8.8% less expensive than the average Utah home, at $510,600. Renting a two-bedroom unit in Taylorsville costs $1,500 per month, which is 17.2% more than the national average of $1,280 and close to the state average of $1,480.

Can I afford Taylorsville?
To live comfortably in Taylorsville (zip 84123), Utah, a minimum annual income of $89,280 for a family, and $50,400 for a single person is recommended.

What does A.I. say about Taylorsville?
84123 Taylorsville, UT has an excellent cost of living. According to BestPlaces, the city's overall cost of living index is 86.62, which is lower than the national average and indicates that this city is relatively affordable. The housing index for 84123 Taylorsville is also quite affordable at 65.31, with an average price per square foot of $159.93 in January 2021, making it a great option for renters or those looking to buy their first home. Additionally, groceries and transportation are also fairly inexpensive in the area with a grocery index of 89.21 and a transportation index of 76.74 respectively. This makes life in 84123 Taylorsville an attractive proposition for many people who are looking for an affordable place to live with easy access to amenities and services they need on a regular basis.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTaylorsvilleUtahUnited States
    Unlock114.2100.0
  95.0  Unlock100.0
    Unlock102.7100.0
  157.9  Unlock100.0
    Unlock$510,600$338,100
  88.5  Unlock100.0
    Unlock91.2100.0
  110.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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