Cost of Living in Elk Ridge, UT
Population 4,782 · Utah · Data vintage 2023
(100 = US avg)
Home prices in Elk Ridge run well above the national baseline, with a median of $565,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $138,587 place the city among the better-paid Utah metros.
Elk Ridge sits roughly 15 miles south of Provo — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 29% higher than Provo's $437,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Elk Ridge
The median home value in Elk Ridge is $565,200 — 85% above the national median of $305,000. The median household income of $138,587/year is 86% higher than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. Utah's top state income tax rate is 4.5% and the combined sales tax is 5.9%. The climate averages highs of 64.9°F and lows of 44.4°F, with about 51.9" of annual snowfall. Overall, Elk Ridge has a cost of living index of 185 versus the US average of 100, meaning it is 85% more expensive.
Elk Ridge has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 39 | 45 | 55 | 62 | 73 | 84 | 94 | 92 | 81 | 66 | 51 | 39 |
| Low °F | 24 | 29 | 36 | 42 | 50 | 59 | 68 | 67 | 56 | 44 | 33 | 25 |
| Precip" | 1.43 | 1.30 | 1.75 | 2.16 | 1.82 | 0.95 | 0.49 | 0.58 | 1.06 | 1.26 | 1.32 | 1.40 |
| Snow" | 12.7 | 10.7 | 5.9 | 2.9 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 7.0 | 12.1 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Elk Ridge, UT?
Elk Ridge has a cost index of 185 (100 = national average). It is 85% above the national average.
What is the average home price in Elk Ridge?
The median home value in Elk Ridge is $565,200 according to Zillow and Census data.
What is the median income in Elk Ridge?
The median household income in Elk Ridge is $138,587 per year (2023 ACS 5-year estimates).
What is the sales tax in Elk Ridge, UT?
The combined state and local sales tax rate in Elk Ridge is 5.9%. The Utah state income tax top rate is 4.5%.
Is Elk Ridge, UT affordable?
Elk Ridge is above average in cost of living, with an index of 185 — about 85% higher than the national average.
What is the weather like in Elk Ridge?
Elk Ridge has average high temperatures of 64.9°F and average lows of 44.4°F. Annual precipitation is 15.5". Average annual snowfall is 51.9". Data from NOAA 1991–2020 Climate Normals.
Elk Ridge at a Glance
- Population
- 4,782
- Median Income
- $138,587
- Home Value
- $565,200
- Unemployment
- 4.0%
- Avg High Temp
- 64.9°F
- Sales Tax
- 5.9%
Nearby Cities
Explore county-level cost of living data
Utah Rankings
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