Cost of Living in Provo, UT
2024 data from the Bureau of Economic Analysis
Cost Index
98.2
1.8% below avg
Housing Index
104.1
Median Income
$91,190
Median Rent
$1,325/mo
Cost Breakdown
Overall98.2 (-1.8%)
Housing104.1 (+4.1%)
Goods96.4 (-3.6%)
Utilities78.6 (-21.4%)
Other Services99.0 (-1.0%)
National average = 100
Income & Housing
Median Household Income
$91,190/year
Median Home Value
$440,800
Median Monthly Rent
$1,325/mo
Per Capita Income
$33,221/year
Compare Provo, UT With
Frequently Asked Questions
Is Provo, UT expensive to live in?
Provo, UT has a cost of living index of 98.2, which is 1.8% below the national average.
How much does housing cost in Provo, UT?
Housing costs in Provo, UT are indexed at 104.1 compared to the national average of 100. The median monthly rent is $1,325.
What is the average income in Provo, UT?
The median household income in Provo, UT is $91,190 per year.
What is the average home price in Provo, UT?
The median home value in Provo, UT is $440,800.