Cost of Living in Richfield, UT

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

Cost of Living Overview

Overall Index

111.9

100 = national avg

+11.9 vs national average

Living Wage (1 Adult)

$49,257

per year

Living Wage (Family of 4)

$116,427

per year

Cost Index by Category

Housing
109.4
Food
109.5
Transportation
119.0
Healthcare
107.6
Utilities
107.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$945

per month

2 Bedroom

$1,085

per month

The overall cost of living index in Richfield is 111.9, which is 11.9% above the national average. Housing costs are above the national average at an index of 109.4. A single adult needs to earn approximately $49,257 per year to cover basic expenses.