Cost of living in Orem
Orem, located in the state of Utah, is a vibrant city known for its family-friendly atmosphere and proximity to stunning natural landscapes. Understanding the cost of living in Orem is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of the expenses you can expect in Orem, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15 on average, with a range between $12 and $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $60 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer averages $6, imported beer $7.5, cappuccino $6.13, and Coke/Pepsi $1.75.
Grocery Prices
- Milk - Milk is priced between $0.7 and $1.06 per liter, averaging $0.96.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.32 and $4.4, with an average price of $3.19.
- Eggs (Dozen) - A dozen eggs range from $2.6 to $3, averaging $2.87.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.65 to $5.71 per kg, while oranges range from $2.54 to $3.28 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.96 and $2.18 per kg, and lettuce costs $1.7 to $1.89 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.5 and $5, with a monthly pass priced between $80 and $170.
- Fuel (Gasoline) - Gasoline is priced between $0.76 and $1.09 per liter.
- Taxi Fares - Taxi fares start at $1.5, with a cost of $0.93 per km and $20 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is $1800.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1400 to $1500, averaging $1433.33.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $2100 to $6000, averaging $3533.33.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1679 to $2400, averaging $1965.67.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $2293.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $2293.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $200, averaging $150.
- Internet - Internet services range from $50 to $110, with an average cost of $66.8.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Orem offers a moderate cost of living with reasonable prices for dining and groceries. Housing costs can vary significantly, especially for larger apartments in the city centre.
Transportation is affordable, with competitive prices for public transport and fuel. Utilities and internet services are also reasonably priced, making Orem a balanced choice for residents.
Conclusion
In conclusion, Orem, UT, presents a balanced cost of living with affordable options across various categories. While housing in the city centre can be pricey, other expenses such as dining, groceries, and transportation remain manageable.
Prospective residents should consider their housing needs and budget accordingly, as this will be the most significant factor in their overall cost of living in Orem.