Cost of Living in Elk Ridge, UT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
213.0
100 = national avg
+113.0 vs national average
Living Wage (1 Adult)
$93,709
per year
Living Wage (Family of 4)
$221,494
per year
Cost Index by Category
Housing270.8
Food155.9
Transportation211.9
Healthcare144.7
Utilities167.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,265
per month
2 Bedroom
$1,460
per month
The overall cost of living index in Elk Ridge is 213.0, which is 113.0% above the national average. Housing costs are above the national average at an index of 270.8. A single adult needs to earn approximately $93,709 per year to cover basic expenses.