Cost of Living in Granite, UT

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

196.3

100 = national avg

+96.3 vs national average

Living Wage (1 Adult)

$86,388

per year

Living Wage (Family of 4)

$204,190

per year

Cost Index by Category

Housing
297.9
Food
126.0
Transportation
151.9
Healthcare
120.8
Utilities
155.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,456

per month

2 Bedroom

$1,747

per month

The overall cost of living index in Granite is 196.3, which is 96.3% above the national average. Housing costs are above the national average at an index of 297.9. A single adult needs to earn approximately $86,388 per year to cover basic expenses.