Cost of Living in Lake Shore, UT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
152.3
100 = national avg
+52.3 vs national average
Living Wage (1 Adult)
$67,028
per year
Living Wage (Family of 4)
$158,430
per year
Cost Index by Category
Housing196.4
Food124.4
Transportation115.2
Healthcare119.5
Utilities133.9
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 Lake Shore is 152.3, which is 52.3% above the national average. Housing costs are above the national average at an index of 196.4. A single adult needs to earn approximately $67,028 per year to cover basic expenses.