Cost of Living in Cache, Utah

Published: September 17, 2020 8:50 pm

Cost of Living in Cache, Utah

Cache is a Census-designated place in Cache County, Utah, with a population of -. The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in Cache is $31,692 a year — less than the annual cost of living for Utah of $34,176 and less than the national figure of $38,433.

Using cost of living data from the nonprofift think tank Economic Policy Institute, 24/7 Wall St. estimated the cost of living in Cache and over 29,000 other cities and towns in the US.

Transportation Costs in Cache, Utah

Transportation can also be a significant component of cost of living. The average commute in Cache is - minutes long, compared to the 26.6-minute average commute nationwide. Taking into account the cost of gas, as well as public transit and car maintenance, the EPI estimates that a single person in Cache spends $10,298 a year on transportation, more than the national average of $9,760.

Health Care Costs in Cache, Utah

Out-of-pocket health care costs and insurance premiums — assuming at least a basic level of health insurance coverage — are closely in line with the national average in Cache but well above what they are across Utah as a whole.

For a single adult living in the area, average health care costs come out to $4,343 per year, compared to an average of $3,689 across Utah and $4,266 nationwide.

Child care Costs in Cache, Utah

For families with children, child care adds thousands of dollars to overall annual spending. In Cache, the average annual cost of child care for two children — one 4 year old and one 8 year old — is $13,266, about $1,800 less than the comparable average of $15,095 across all of Utah. Meanwhile, across the U.S. as a whole, childcare expenses for two children averages $15,853 per year.

Food Costs in Cache, Utah

Food is another every day expense that has a significant impact on overall cost of living. Data from the U.S. Department of Agriculture shows that the cost of food varies from city to city and town to town.

In Cache, a single adult spends an average of $2,954 on food annually, and a family of four spends $8,530 on average. For context, average annual food expenditure across Utah and the U.S., respectively, are $3,046 and $3,240 for a single adult, and $8,797 and $9,354 for a family of four. These estimates are calculated for a nutritionally adequate diet of food purchased at a grocery store for at-home preparation.

Taxes in Cache, Utah

Few expenses vary as much from city to city and town to town as taxes. Accounting for state and federal income taxes, as well as Social Security contributions and Medicare payroll taxes, the average adult working in Cache, Utah pays $5,364 annually — relatively little compared to the statewide average of $5,938.

It is important to note that these calculations do not include other common taxes such as property, sales, and excise taxes. Accounting for these taxes, while excluding taxes levied at the federal level, Cache residents live in a state with a low average tax burden. Per capita state tax collections in Utah total $2,543 per year, compared to the $3,151 average across all states.

Methodology

To estimate the cost of housing, food, transportation, health care, child care, taxes, and other necessities, 24/7 Wall St. assigned county-level Economic Policy Institute data to cities, towns, villages and Census-designated places based on boundary definitions from the U.S. Census Bureau. For places that span multiple counties, data was aggregated based on the percentage of boundary overlap.

Cost of Living in Cache, Utah