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Cost of Living in Bountiful, UT

Population 45,023 · Census ACS 2020–2024 5-year estimates

Median rent$1,565
Median home value$532,200
Median household income$104,785

The median rent in Bountiful, UT is $1,565/month, 5% higher than the Utah median and 11% higher than the U.S. median. The median home value is $532,200, 60% higher than the national median. Households earn a median of $104,785 a year, 10% higher than the state median.

Affordability

Rent as a share of median income: 17.9%
Income needed for median rent (30% rule): $62,600/yr
Home price-to-income ratio: 5.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,691/mo

Run your own numbers: mortgage calculator · hourly to salary

Bountiful vs. Utah vs. U.S.

BountifulUtahU.S.
Median rent$1,565$1,496$1,413
Median home value$532,200$489,400$332,700
Median household income$104,785$95,166$80,734
Homeownership rate71.3%70.2%65.2%
Bachelor's degree or higher47.7%37.7%35.7%
Poverty rate6.9%8.5%12.5%
Unemployment rate3.1%3.6%5.2%
Work from home20.4%17.6%15.1%
Median age32.732.038.9

FAQ

What is the average rent in Bountiful, UT?

The median gross rent in Bountiful, UT is $1,565 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Bountiful, UT?

Using the common 30% rule, renting a median-priced home takes about $62,600 a year in gross income.

Is Bountiful, UT expensive to live in?

Rent there is 11% higher than the U.S. median, and the median home costs about 5.1 times the median household income.

Other cities in Utah

Salt Lake City, UTRent $1,414 · Income $75,090West Valley City, UTRent $1,504 · Income $92,209West Jordan, UTRent $1,757 · Income $108,153Provo, UTRent $1,193 · Income $64,171St. George, UTRent $1,545 · Income $76,508Orem, UTRent $1,438 · Income $83,342

Cities with a similar cost of living

Sicklerville, NJRent $1,566 · Income $105,602Levittown, PARent $1,556 · Income $105,071Battle Ground, WARent $1,576 · Income $104,977Farmington Hills, MIRent $1,551 · Income $104,836Overland Park, KSRent $1,515 · Income $104,834Mundelein, ILRent $1,566 · Income $108,340

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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