Cost of Living in Independence, UT
Population: 71 | Utah
Independence is 24% more expensive than the national average.
Cost of Living in Independence, UT: What You Need to Know
With a cost of living index of 124, Independence, UT is a notably expensive place to live. Living here is 24% more expensive than the national average and 16% above the Utah state average of 108. Independence is a small community of 71 residents.
The median household income in Independence is $119,167, which is 59% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.
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.
Income
- Median Household Income
- $119,167
- vs US Median ($75,149)
- +59%
Housing
- Median Home Value
- $615,400
- Median Monthly Housing Cost
- $1,792/mo