Cost of Living in Laketown, UT

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

Cost of Living Overview

Overall Index

125.8

100 = national avg

+25.8 vs national average

Living Wage (1 Adult)

$55,374

per year

Living Wage (Family of 4)

$130,884

per year

Cost Index by Category

Housing
143.7
Food
110.9
Transportation
121.7
Healthcare
108.7
Utilities
115.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$810

per month

2 Bedroom

$973

per month

The overall cost of living index in Laketown is 125.8, which is 25.8% above the national average. Housing costs are above the national average at an index of 143.7. A single adult needs to earn approximately $55,374 per year to cover basic expenses.