Cost Of Living in Elk Ridge, UT

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F

30%

Overall NAT. AVG.

1%

Groceries NAT. AVG.

97%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Elk Ridge	Utah	National
Cost of living	130	105	100
Groceries	101	101	100
Health care	99	101	100
Housing	197	113	100
Transportation	103	101	100
Utilities	101	101	100
Lifestyle & Entertainment	103	102	100
Household Items	102	102	100
Education & Childcare	104	105	100

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Homes For Sale In Elk Ridge, UT

256 W Horizon View Loop

Elk Ridge, UT

102 S Elk Ridge Dr

Elk Ridge, UT

29 W Magellan Ln

Payson, UT

1230 S Eagle Nest Dr

Woodland Hills, UT

Cost Of Living Quick Facts

The cost of living in Elk Ridge is 24% higher than the Utah average
The cost of living in Elk Ridge is 30% higher than the national average
Elk Ridge housing is 97% higher than the national average
Utah general sales tax is 20% higher than the national average
Utah state income tax is 87% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$154,652	$12,888	$3,608	$4,640
Renters	$114,554	$9,546	$2,673	$3,437

Utah Sales Tax

State	General Sales Tax	With Max Surtax
Utah	6.1%	8.35%

Utah Income Tax

State	Income Tax (Low)	Income Tax (High)
Utah	4.85%	4.85%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Goshen, UT	963	105	5.2%
Rocky Ridge, UT	1,095	106	6.0%
Payson, UT	20,937	111	11.0%
Santaquin, UT	12,586	114	13.7%
Springville, UT	34,438	114	14.2%
Elk Ridge, UT	4,143	130	30.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
National Harbor, MD	4,143	125	25.4%
Shelburne, NS	4,143	n/a
San Joaquin, CA	4,144	112	11.7%
Wright City, MO	4,144	93	7.2%
Chester, NY	4,144	112	12.1%
Elk Ridge, UT	4,143	130	30.2%