Cost of Living in Elwood, UT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
151.6
100 = national avg
+51.6 vs national average
Living Wage (1 Adult)
$66,723
per year
Living Wage (Family of 4)
$157,709
per year
Cost Index by Category
Housing177.1
Food126.0
Transportation151.9
Healthcare120.8
Utilities131.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$983
per month
2 Bedroom
$1,118
per month
The overall cost of living index in Elwood is 151.6, which is 51.6% above the national average. Housing costs are above the national average at an index of 177.1. A single adult needs to earn approximately $66,723 per year to cover basic expenses.