The Price, UT Metro Area is a great location with a low cost of living. The average rent for a 2 bedroom apartment in the area is only $830 compared to the US average of $1,430. Additionally, the grocery cost index in this metro area is 89 which is 11 points lower than the national average. With such an affordable cost of living, it’s no wonder that Price has become an attractive destination for many businesses including ABC Networks, BCD Industries, and EFG Incorporated. For those looking to live in an area with plenty of job opportunities and a low cost of living, Price is definitely worth considering.
Price Metro Area has an unemployment rate of 4.1%. The US average is 6.0%.
Price Metro Area has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 18.5%, which is lower than the US average of 33.5%.
Tax Rates for Price Metro Area
- The Sales Tax Rate for Price Metro Area is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Price Metro Area is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Price Metro Area
- The average income of a Price Metro Area resident is $24,581 a year. The US average is $37,638 a year.
- The Median household income of a Price Metro Area resident is $51,725 a year. The US average is $69,021 a year.