Executive Financial Report: Wales (84667)
Navigating the local economic landscape in Wales (84667) reveals an average baseline monthly cost of living of approximately $3,022 for single individuals. This comprehensive benchmark reflects essential housing, food, tax, and healthcare commitments.
With typical rent and housing utilities averaging an affordable $537 per month—just 18% of baseline expenses—Wales offers exceptionally competitive housing costs compared to wider metropolitan averages across Utah.
Local earnings in Wales (84667) demonstrate strong purchasing power. The area median family income of $63,565 significantly exceeds the annual baseline living threshold ($36,258.551) by a ratio of 1.75x. This economic buffer allows local households to comfortably absorb inflationary spikes and build long-term wealth.
Tax obligations represent roughly 16% ($480/month) of baseline monthly spending in zip code 84667. State and federal tax obligations form a consistent component of monthly financial planning. Meanwhile, essential groceries average $246 monthly for single adults.
In summary, living in Wales, UT requires balancing local real estate conditions with prevailing regional wage structures. Use the interactive calculator below to adjust these benchmarks for multi-person family households or compare 84667 against other US destinations.