Cost of Living in Big Water, UT

With a cost of living index of 100, Big Water, UT is right around the national average in cost. Living here is 0% cheaper than the national average and 8% below the Utah state average of 108. Big Water is a small community of 520 residents.

Housing costs are the biggest factor in Big Water's cost of living. The median monthly rent is $1,509 (14% above the US median of $1,319), and the median home value sits at $251,300 (18% below the national median of $304,900). At current prices, the median home costs roughly 5.5x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Big Water is $45,625, which is 39% lower than the national median of $75,149. Residents spend roughly 40% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.