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Utah ranks No. 28 for cost of living

Related Topics: Cost of living

The cost of living is higher in Utah than in 27 other states, a new study says. Still, Utahns have it is a bit better than the average American.

The Tax Foundation, a national think tank that researches tax issues and generally opposes tax increases, released the study about the real value of $100 in each state — noting that the same goods are cheaper in some states than others.

In Utah, $100 will buy goods and services that would cost $103.09 in a state at the national average price level, it said. That essentially means that Utahns are 3 percent richer than their incomes suggest.