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Cost of Living in Utah County

Is it better to rent or buy in Utah County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$108,584
$1,771/mo

Median in area: $1,771

$553,436

Median in area: $553,436

$110,687

If you Rent

🔑
$1,932 /mo
Base Rent$1,771
Est. Utilities$161
% of Income21.4%
Pre-tax Residual$7,117

If you Buy

🏠
$3,349 /mo
P&I (6.924%)$2,923
Taxes & Ins$265
Est. Utilities$161
% of Income37.0%
Pre-tax Residual$5,700

Compare Nearby Areas

See how Utah County stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in Utah County?

Based on median housing data, renting is currently more affordable on a monthly basis in Utah County. The estimated all-in monthly cost for renting is $1,932, while owning a median-priced home with a 20% down payment is roughly $3,349 per month (a difference of $1,417).

How much do utilities cost in Utah County?

The average monthly utility cost (electricity and natural gas) for a typical home in Utah County is approximately $161. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Utah County?

To comfortably afford the median rent and utilities in Utah County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $77,280 per year.