The cost of living index in Magna, UT, shows that housing costs are 10% below the nationwide average, while groceries, utilities, transportation, healthcare, and miscellaneous expenses are slightly below or close to the national average. Specifically, housing stands at 90, groceries at 95, utilities at 98, transportation at 92, healthcare at 97, and miscellaneous expenses at 93. This data suggests that Magna offers a relatively affordable living environment compared to the national average.
The cost of living index in Magna, UT, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Magna stand at 90, indicating that residents can expect to pay 10% less than the average American. This lower housing cost can be a significant advantage for those looking to settle in Magna, as it provides more disposable income for other necessities.
In addition to housing, other cost categories in Magna also show competitive rates. Groceries cost 95, utilities are at 98, transportation is at 92, healthcare is at 97, and miscellaneous expenses are at 93. Each of these categories is within 5% of the national average, making Magna a cost-effective option for many families. Overall, Magna offers a balanced cost of living that is slightly below the national average, making it an attractive choice for those seeking to balance affordability with quality of life.
