Cost of Living in Neola, UT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
122.1
100 = national avg
+22.1 vs national average
Living Wage (1 Adult)
$53,725
per year
Living Wage (Family of 4)
$126,986
per year
Cost Index by Category
Housing103.0
Food123.6
Transportation147.1
Healthcare118.9
Utilities114.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$940
per month
2 Bedroom
$1,129
per month
The overall cost of living index in Neola is 122.1, which is 22.1% above the national average. Housing costs are above the national average at an index of 103.0. A single adult needs to earn approximately $53,725 per year to cover basic expenses.