Cost of Living in Lake Point, UT
Population: 2,938 | Utah
Lake Point is 20% more expensive than the national average.
Cost of Living in Lake Point, UT: What You Need to Know
With a cost of living index of 120, Lake Point, UT is a notably expensive place to live. Living here is 20% more expensive than the national average and 12% above the Utah state average of 108. Lake Point is a small community of 2,938 residents.
The median household income in Lake Point is $133,175, which is 77% 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
- $133,175
- vs US Median ($75,149)
- +77%
Housing
- Median Home Value
- $566,200
- Median Monthly Housing Cost
- $1,877/mo