Cost of Living in Lehi, UT
Housing
The housing market plays a significant role in determining the cost of living in Lehi, UT.
- Housing Index: 108.8 / 100
- Median Home Price is: $493,000
- Average Rent (2 BR Apartment): $2090 per month
- Average Rent (2 BR House): $2272 per month
When considering a move to Lehi, UT, it's important to note a housing index of 108.8 indicates higher housing costs than the national average. With a median home price of 493000 and an average rent for a 2-bedroom apartment at 2090, the market can be competitive. Renting a 2-bedroom house costs approximately 2272. Keep in mind, while the amenities and lifestyle may offer unique benefits, the costs can significantly impact your budget. Thus, thorough financial planning is essential before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lehi, UT.
- Electricity Price: $11.5 USD (median by state)
- Natural Gas Price: $14 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $242 per month
Living in Lehi, UT could entail higher utility costs. Electricity costs sit at $11.5, while natural gas is priced at $14 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $242 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Lehi is a financially viable option for your relocation.