Cost of Living in La Verkin, UT

With a cost of living index of 104, La Verkin, UT is somewhat more expensive than average. Living here is 4% more expensive than the national average and 4% below the Utah state average of 108. La Verkin is a small community of 4,429 residents.

Housing costs are the biggest factor in La Verkin's cost of living. The median monthly rent is $1,316 (0% below the US median of $1,319), and the median home value sits at $366,500 (20% above the national median of $304,900). At current prices, the median home costs roughly 5.8x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in La Verkin is $63,061, which is 16% lower than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the St. George, UT (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.