Housing costs in Thompson Springs?
A typical home costs
$642,900, which is 90.2% more expensive than the national average of
$338,100 and 25.9% more expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Thompson Springs costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 6.7% cheaper than the state average of
$1,280.
Can I afford Thompson Springs?
To live comfortably in Thompson Springs (zip 84540), Utah, a minimum annual income of
$123,120 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Thompson Springs?
The cost of living in 84540 Thompson Springs, UT is quite low compared to the national average. The median home price is $52,400 and the monthly rent for a one-bedroom apartment is around $550. Groceries are also relatively inexpensive, with a gallon of milk costing only around $2.50. Additionally, the overall tax rate is lower than the state average at 4.15%. Finally, energy costs are some of the lowest in the nation with an average monthly electric bill at only about $80. All these factors make 84540 Thompson Springs, UT an excellent place to live for those looking for affordability without sacrificing on quality of life.