Housing costs in Altamont?
A typical home costs
$356,400, which is 5.4% more expensive than the national average of
$338,100 and 30.2% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Altamont costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 54.2% cheaper than the state average of
$1,280.
Can I afford Altamont?
To live comfortably in Altamont (zip 84001), Utah, a minimum annual income of
$68,400 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Altamont?
The cost of living in 84001 Altamont, UT is relatively low compared to other areas. According to BestPlaces, the cost of living index in 84001 is 77.77, which is lower than the U.S. average of 100. Housing prices are especially affordable in this area; the median home value is only $113,500, and rental prices are also cheap at a median rent of $665 per month. Groceries and utilities are also inexpensive; groceries are 9% lower than the national average, while utilities are 21% cheaper than the norm. Overall, Altamont offers a great quality of life for an affordable price.