Cost of Living in Independence, UT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
205.7
100 = national avg
+105.7 vs national average
Living Wage (1 Adult)
$90,507
per year
Living Wage (Family of 4)
$213,925
per year
Cost Index by Category
Housing286.8
Food141.1
Transportation182.2
Healthcare132.9
Utilities162.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,594
per month
2 Bedroom
$1,747
per month
The overall cost of living index in Independence is 205.7, which is 105.7% above the national average. Housing costs are above the national average at an index of 286.8. A single adult needs to earn approximately $90,507 per year to cover basic expenses.