Cost of Living in La Verkin, UT

Population 4,429 · Utah · Data vintage 2023

112
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

La Verkin is a smaller Utah community of around 4000 residents, where median household incomes of $63,061 and housing costs ($367,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. A poverty rate near 25% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, La Verkin lies roughly 120 miles northeast of the nearest major metro, North Las Vegas. Housing prices track closely with North Las Vegas' $372,000 median.

Cost Overview

Housing 120
Rent 100

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in La Verkin

The median home value in La Verkin is $366,500 — 20% above the national median of $305,000. Median rent runs $1,316/month, equal to than the national median of $1,314/month. The median household income of $63,061/year is 15% lower than the US median of $74,580. The local unemployment rate is 4.6%, 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 65.8°F and lows of 34.9°F. Overall, La Verkin has a cost of living index of 112 versus the US average of 100, meaning it is 12% more expensive.

🏠 Housing

Median Home Value
$366,500
20% above avg
Zillow Home Value
$193,497
Zillow ZHVI
Median Rent
$1,316/mo
0% below avg
Price-to-Rent Ratio
23.2x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$737
1 BR
$870
2 BR
$1,036
3 BR
$1,418
4 BR
$1,699
Owner-occupied 77.3%
Renter-occupied 22.7%

💰 Estimated Monthly Budget

Rent median rent
$1,316
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,930/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.5 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.9%

Commute Mode

Drove alone
82.1%
Carpooled
7.7%
Walked
0.7%
Work from home
6.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 5.9%
State rate 4.8%
Avg local rate 1.1%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$63,061
15% below avg
Per Capita Income
$21,945
Unemployment Rate
4.6%
4% below avg
Poverty Rate
25.4%
Labor Force Participation
61.5%

🎓 Education

Bachelor's degree+ 17.9%
Graduate degree 4.5%

👥 Demographics

Median Age 31.1
Male median age 31.2
Female median age 30.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.8°F
Avg Low
34.9°F
Annual Precip
11"
10° 33° 55° 78° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434756637385918981675342
Low °F 182127324049575646342416
Precip" 0.820.981.231.010.940.481.020.860.751.230.840.88

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
79.7%
Good air days/yr
90
Max AQI recorded
20
PM2.5 days
345
Ozone days

Frequently Asked Questions

What is the cost of living in La Verkin, UT?

La Verkin has a cost index of 112 (100 = national average). It is 12% above the national average.

What is average rent in La Verkin, UT?

The median gross rent in La Verkin is $1,316 per month based on 2023 Census data.

What is the average home price in La Verkin?

The median home value in La Verkin is $366,500 according to Zillow and Census data.

What is the median income in La Verkin?

The median household income in La Verkin is $63,061 per year (2023 ACS 5-year estimates).

What is the sales tax in La Verkin, UT?

The combined state and local sales tax rate in La Verkin is 5.9%. The Utah state income tax top rate is 4.5%.

Is La Verkin, UT affordable?

La Verkin is above average in cost of living, with an index of 112 — about 12% higher than the national average.

What is the weather like in La Verkin?

La Verkin has average high temperatures of 65.8°F and average lows of 34.9°F. Annual precipitation is 11". Data from NOAA 1991–2020 Climate Normals.

La Verkin at a Glance

Population
4,429
Median Income
$63,061
Home Value
$366,500
Median Rent
$1,316/mo
Unemployment
4.6%
Avg High Temp
65.8°F
Sales Tax
5.9%
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