Cost of Living in Helper, UT
Housing
The housing market plays a significant role in determining the cost of living in Helper, UT.
- Housing Index: 108.8 / 100
- Median Home Price is: $209,000
- Average Rent (2 BR Apartment): $1774 per month
- Average Rent (2 BR House): $1928 per month
In analyzing the current housing situation in Helper, UT, it's evident that the housing index is quite low at 108.8, suggesting potential market stagnation. The median home price stands at 209000, attractive for buyers, but it's crucial to note the absence of rental options; the average rent for a 2-bedroom apartment and house is currently 1774 and 1928, which may indicate a lack of available rental properties. This environment may offer great opportunities for homeownership while posing challenges for rental prospects, warranting careful consideration for those thinking about relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Helper, UT.
- Electricity Price: $11.5 USD (median by state)
- Natural Gas Price: $14 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $242 per month
Living in Helper, UT could entail higher utility costs. Electricity costs sit at $11.5, while natural gas is priced at $14 per Thousand Cubic Feet β both aligning with state medians. Expect to budget about $242 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Helper is a financially viable option for your relocation.