Cost of Living in Spring Lake, UT

With a cost of living index of 113, Spring Lake, UT is somewhat more expensive than average. Living here is 13% more expensive than the national average and 6% above the Utah state average of 108. Spring Lake is a small community of 705 residents.

The median household income in Spring Lake is $143,049, which is 90% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Provo-Orem-Lehi, 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.