Housing costs in Ephraim?
A typical home costs
$368,900, which is 9.1% more expensive than the national average of
$338,100 and 27.8% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Ephraim costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 52.4% cheaper than the state average of
$1,280.
Can I afford Ephraim?
To live comfortably in Ephraim, Utah, a minimum annual income of
$70,560 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Ephraim?
The cost of living in Ephraim, UT is quite reasonable compared to the national average. The overall cost of living index is 10% lower than the US average and housing costs are 26% lower than the national average. This means that those who choose to live in the small town of Ephraim can expect to pay much less for a home or an apartment compared to other US cities. In addition, groceries, healthcare, and transportation costs are all below the national average. All these factors create a low-cost environment that makes living in this community very attractive.