Cost of living in Lehi research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lehi is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Utah, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lehi is 112, with 100 being the average.
The cost of living index in Lehi is 1.1x higher than the national average.
Lehi ranks as the #70 cheapest in Utah out of 91.
Lehi ranks as the #4,296 cheapest out of 6,412 in the US.
The median home value in Lehi is $416,800.
The median income in Lehi is $108,669.
According to the most recent data on the cost of living, Lehi has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Utah, Lehi has a cost of living index that's 1.1x higher than Utah's index of 102.
The standard of living in Lehi ranks as #70 most affordable out of the 91 places we measured in Utah. By definition, that implies Lehi ranks as the #21 most expensive place in the Beehive State.
For more reading on life in Lehi, check out:
Six factors go into calculating the cost of living index in Lehi. Here is how it fairs on each of the criteria:
The Services index in Lehi is 101.
The Groceries index in Lehi is 98.
The Health index in Lehi is 92.
The Housing index in Lehi is 142.
The Transportation index in Lehi is 102.
The Utilities index in Lehi is 85.
|Living Expense||Lehi||Utah||National Average|
Housing swings affordability the most between places in Utah, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Lehi is $416,800.
The Median Rent in Lehi is $1,562.
The Median Income in Lehi is $108,669.
The Home Value To Income in Lehi is 3.8x.
The Rent To Monthly Income in Lehi is 0.17x.
|Median Home Value||$416,800||$339,700||$244,900|
|Home Value To Income||3.8x||4.3x||3.5x|
|Rent To Monthly Income||0.17x||0.18x||0.2x|
The cost of living varies in the cities and towns around Lehi. Here's a quick look at the cost of living in the most populous nearby places:
Sandy, UT has a cost of living index of 113, 1.0x Lehi.
South Jordan, UT has a cost of living index of 124, 1.1x Lehi.
Herriman, UT has a cost of living index of 117, 1.0x Lehi.
|City||Population||Cost Of Living||Vs. Lehi|
|South Jordan, UT||75,617||124||1.1x|
|Pleasant Grove, UT||37,228||103||0.9x|
|Saratoga Springs, UT||36,977||111||1.0x|
|Cottonwood Heights, UT||33,597||120||1.1x|
|American Fork, UT||32,822||103||0.9x|