Cost of Living in Palmyra, UT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
156.5
100 = national avg
+56.5 vs national average
Living Wage (1 Adult)
$68,861
per year
Living Wage (Family of 4)
$162,762
per year
Cost Index by Category
Housing202.3
Food121.0
Transportation141.9
Healthcare116.8
Utilities133.0
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 Palmyra is 156.5, which is 56.5% above the national average. Housing costs are above the national average at an index of 202.3. A single adult needs to earn approximately $68,861 per year to cover basic expenses.