Cost of Living in Lake Point, UT

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

Cost of Living Overview

Overall Index

211.1

100 = national avg

+111.1 vs national average

Living Wage (1 Adult)

$92,862

per year

Living Wage (Family of 4)

$219,493

per year

Cost Index by Category

Housing
275.6
Food
151.8
Transportation
203.6
Healthcare
141.4
Utilities
166.2

100 = national average. Higher = more expensive.

The overall cost of living index in Lake Point is 211.1, which is 111.1% above the national average. Housing costs are above the national average at an index of 275.6. A single adult needs to earn approximately $92,862 per year to cover basic expenses.