Millcreek, UT

Very High · 131

Utah · Population 63,342 · Updated March 2026

$1,444
Median Rent / Month
$98,502
Median Income
$579,300
Median Home Value
$1,486
Owner Costs / Month

Affordability

How far your income goes in Millcreek

17.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Utah

State-level tax rates that affect your costs

4.65%
Income Tax (Top Rate)
6.1%
Sales Tax
0.58%
Property Tax Rate

Estimated Annual Costs

$17,328
Annual Rent
$4,580
State Income Tax
$3,360
Property Tax (est.)

Cost of Living Overview

Millcreek has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 131 (where 100 equals the national median), Millcreek residents can expect to pay median rent of $1,444/month while earning a median household income of $98,502/year.

The median home value in Millcreek, UT is $579,300, with typical monthly owner costs around $1,486 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Utah has a moderate income tax rate of 4.65%. Combined with a 6.1% sales tax rate and 0.58% effective property tax rate, the overall tax environment is a factor in the total cost of living in Millcreek.

Frequently Asked Questions

Common questions about living costs in Millcreek

What is the cost of living in Millcreek, UT?
The cost of living index in Millcreek, UT is 131 (US average = 100). Median monthly rent is $1,444, median household income is $98,502/year, and the median home value is $579,300.
Is Millcreek, UT affordable?
No, Millcreek is more expensive than the national average with a cost index of 131. The rent-to-income ratio is 17.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Millcreek, UT?
The median gross rent in Millcreek, UT is $1,444 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,328.
What is the median household income in Millcreek?
The median household income in Millcreek, UT is $98,502 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Utah?
Utah has a top income tax rate of 4.65%, a sales tax of 6.1%, and an effective property tax rate of 0.58%.